As the Biden administration struggles to pass its destructive tax policies through Congress, 136 countries took a step backward when they agreed to a 15% global corporate minimum tax. In essence, this agreement will deter companies from bringing businesses to low-tax nations by ensuring that there are no more low-tax nations. This is especially foolish during a global supply chain crisis that could stretch on for months. Americans are suffering under the weight of a supply chain shortage and runaway inflation, causing prices to soar higher. This corporate minimum tax will mean that multinational companies won’t be able to find … Continue reading Op-Ed: Global corporate minimum tax is a step backward