Janet Yellen on Tax Reform
"Working in the context of the OECD negotiations on global taxation, we have much greater leverage to keep our American firms competitive if we avoid a race to the bottom in corporate taxation more globally," said Yellen.
She raised eyebrows of some senators and Wall Street when she said that Treasury would consider the possibility of taxing unrealized capital gains - through a "mark-to-market" mechanism - as well as other approaches to boost revenues.
|Other candidates on Tax Reform:||Janet Yellen on other issues:|
Incoming 2021 Biden Administration:
Domestic Policy:Susan Rice
Public Liaison:Cedric Richmond
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Pres.:George W. Bush
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