G7 Countries Reach Deal on 15% Global Minimum Tax Rate for Multinational Corporations
Posted in Corporate Taxes Economy News world

G7 countries reach deal on 15% global minimum tax rate for multinational corporations

One critic of the agreement said that “by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they’re willing to keep the race to the bottom…

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Members of Britain's GMB Union demonstrate outside Amazon's United Kingdom headquarters on May 26, 2021 as part of a #MakeAmazonPay global day of action for workers' rights. (Photo: War on Want/Twitter)
Posted in Corporate Taxes Labor Wealth

Workers stage Global Day of Action to #MakeAmazonPay

“Loud and clear, Amazon’s producers, distributors, and delivery drivers are telling Jeff Bezos: pay your workers.” by Brett Wilkins, staff writer   Asserting that workers—not CEO Jeff Bezos—drive Amazon’s success, employees of the world’s largest online…

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Posted in Corporate Taxes Energy News

‘Don’t patronize me’: Katie Porter tears Into oil exec for claiming his industry doesn’t get special tax breaks

“The wonderful Rep. Katie Porter provides a signal moment in congressional history. And it’s a sign of the weakening position of the oil industry—no deference to these liars any longer.” by Jake Johnson, staff writer Wednesday,…

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Posted in Common Dreams Corporate Taxes News Taxes

US slammed as ‘Rogue State’ for withdrawing from global effort to make tech giants pay fair share in taxes

“It is a provocation… to all the citizens of the world who say that it is still legitimate for all the digital giants to pay their taxes.” by Jake Johnson, staff writer Thursday, June 18 The…

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