Joe Biden struggles to persuade US Congress to raise taxes for corporationsUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostPresident Joe Biden might have persuaded some of the world’s largest economies to hike taxes on corporations, but the US Congress could be a far tougher sell.

White House press secretary Jen Psaki on Friday said leaders of the Group of Seven (G7) – which also includes Britain, Canada, France, Germany, Italy and Japan – agreed with Biden on placing a global minimum tax of at least 15 per cent on large companies.

The G7 leaders, participating in a three-day summit in England, affirmed their…Read More

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