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Minimum tax on firms leads to uncertainty

When President Biden led the way almost two years ago in brokering a worldwide deal to set a minimum corporate tax rate, it looked like a triumph abroad. Now, as the world comes closer to actually collecting the taxes the United States advocated, it s starting to seem like chaos here at home. ....

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The Economic Consequences of Neo-Keynesianism

We now have the first post-neoliberal administration in power in Washington. The Biden administration has explicitly disavowed all aspects of neoliberalism, including the assumptions about free trade and the alleged efficiency of outsourcing, the lack of support for trade unions, and the bipartisan contempt for industrial policy … Biden managed to get through Congress the most expansive technology and industrial policies since World War II.2
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Biden won a global tax rate. Now Americans wonder if it was a good deal.

Major countries are going ahead with the deal, while Republicans in Congress resist it. ....

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Biden wants to keep global freeze on digital services taxes

As an international tax deal founders, the administration aims to preserve a key benefit for large American tech companies. ....

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Opinion: Canada is getting played by Stellantis, but we asked for it

Politically, Ottawa and Queen’s Park have no choice now but to pay up ....

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