On the recordJune 7, 2021
This negotiation has been going on for, I believe, eight years. It stalled under the Trump administration. And so I really consider this an historic achievement.
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msnbc.comThis negotiation has been going on for, I believe, eight years. It stalled under the Trump administration. And so I really consider this an historic achievement.
Janet Yellen discusses the successful negotiation of a minimum corporate tax rate after it stalled during the Trump administration.
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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.
The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.