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Biden’s Oil Price Approach Is Working and He Hasn’t Even Acted

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The Fiscal Times

Warren Pushes New Minimum Corporate Tax

In the latest version of the still-developing Build Back Better bill, Democrats are proposing a 15% minimum income tax on large businesses, part of an effort to offset the plan’s $1.85 trillion cost by increasing tax revenues from the wealthy and corporations. According to a report released Thursday by Sen. Elizabeth Warren (D-MA), such a tax would force at least 70 major U.S. companies that paid less than 15% in income tax in 2020 to pay quite a bit more, generating an estimated $22 billion in

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