The Heat: Global leaders agree on 15% minimum corporate tax

The Heat

It’s called a global minimum corporate tax – designed to crack down on tax havens and impose new levies on large, profitable multinational corporations.

Details remain to be worked out, but according to the OECD, if enacted the plan could bring in about $150 billion in additional global tax revenue per year — and reshape the global economy. CGTN’s Toby Muse has a report.

To discuss: 

  • John Gong is an economics professor at the University of International Business and Economics in Beijing.
  • Joel Rubin is a democratic strategist and national security analyst. He served as a Deputy U.S. Assistant Secretary of State in the Obama administration.
  • Surupa Gupta is a University of Mary Washington political science and international affairs professor.
  • Arthur Dong is an economics and business professor at Georgetown University.

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