The Neighborhood Homes Investment Act... fills a need that is really not addressed anywhere else, as far as I know, in our tax structure.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
The President has pledged that no taxpayer earning under $400,000 will see their taxes raised by as much as a penny.
But we have to be clear-eyed about something: the pandemic was not our only economic problem.
We would not agree to any type of carve-out that would meaningfully weaken a robust global minimum tax regime, not for China and not for other countries.
He proposes to raise rates on dividends and capital gains on the principle that it is not fair for workers to pay a larger share of their wage income than wealthy individuals pay on their rewards.
I think it is important that Congress have oversight of all the executive branch activities and of agencies like the IRS.
We are pursuing absolutely every avenue toward a swift and comprehensive standstill and rollback of our DSTs.
Anything that affects U.S. tax law must be enacted by the U.S. Congress. So, Congress plays a critical role.
President Biden feels that it is crucial that we have a tax system that is fair.
I don't think there's going to be an inflationary problem, but if there is, the Fed will be counted on to address it.
I think this is what most economists think--that the current burst of inflation we have seen reflects the difficulties of reopening an economy that has been shut down.
I believe the entire EU will, in the end, go along with higher minimum taxes.
The discriminatory nature of these taxes is unacceptable to the United States.
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.
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.
It is really shocking and distressing to see estimates suggesting that the gap between what we`re collecting in taxes under our tax law and what we should be collecting if everybody were paying the taxes that are due, that amounts to over…
Janet Yellen wants to do this. But her ability to do it is going to be slim to none.
This demand for American products creates U.S. jobs that pay better. Studies have shown that women, in particular, could earn as much as 20 percent more in these export-based jobs.
We see them as vulnerable to sanctions. It is a place where sanctions works.
The COVID health emergency has made clear that remote access, among other things, is critical for all households in the United States.
Developing policies that ensure workers have the appropriate access to training and supportive services to thrive in a growing economy is a top tier issue for the Administration.





