Political Quotes

Janet Yellen: There has been a global race to the bottom in corporate taxes, where countries compete by lowering their tax rates…

On the recordJune 7, 2021
There has been a global race to the bottom in corporate taxes, where countries compete by lowering their tax rates instead of the well-being of their citizens and natural environments.
Said by
Janet Yellen
Democratic · California
Source
msnbc.com

Editor's note · Context

Janet Yellen highlights the need for a global minimum corporate tax to prevent harmful tax competition among countries.

Share

More from Janet Yellen

Nov 1, 2023

Absolutely, I think it's an irresponsible bill, tying support for Israel, lacking support for Ukraine, which are both vital national security interests, and then, tying aid for Israel to what is really an irresponsible proposal, to cut…

transcripts.cnn.com
Apr 29, 2024

The President supports no tax increases on families making under $400,000.

congress.gov
Apr 29, 2024

He has explicitly said that he will not agree to raise taxes for people making under $400,000.

congress.gov
Jul 8, 2024

We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.

congress.gov

Other voices in this conversation