Joe Biden

US proposes 15% minimum tax on global corporate profits

The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies.

Biden may have already bungled the next pandemic: Steve Forbes

President Biden just offered U.S. support for a World Trade Organization (WTO) proposal that would give competitors unbridled access to the most important intellectual property in the world right now: American COVID-19 vaccine technology.