Alex Brill Quoted in ‘The National Interest’ Article on Global Tax Hike
Alex Brill was recently quoted in Rachel Bucchino’s article on nationalinterest.org, “Joe Biden Is Leading the Charge on a Big Global Tax Hike.” The article examines Treasury Secretary Janet Yellen’s work on a global minimum tax for multinational corporations.
“It would be a mighty feat for Secretary Yellen to successfully cajole all our major trading partners to agree to a minimum corporate tax rate. It is both anti-competitive and not in the self-interest of small, open economies to adopt a corporate tax system that discourages firms from doing business within their borders,” said Brill. “Taxes are necessary, of course, to all these countries, but why insist on a tax that broadly discourages business activity and investment?”
Read the full article here.