2021-06-07 13:44:00

Historic But Inadequate: Joseph Stiglitz on G7 Deal to Back a 15% Global Minimum Corporate Tax Rate


Finance ministers from seven of the world’s wealthiest nations have backed a plan to set a minimum global corporate tax rate of at least 15% on multinational companies. The agreement, which was reached during a meeting in Britain of the G7, or Group of 7, is “historic” but should have aimed higher, says economist Joseph Stiglitz. “If you have too low of a tax rate, that minimum tax becomes, de facto, the maximum tax,” he says.



Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. lOur reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.

Missed an episode?  Check out DN on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

Amy Goodman Corporate Tax Rate Democracy Now! Economy Finance ministers Free Speech TV G7 Global Joseph Stiglitz World

Economy

BreakThrough News

BreakThrough News | The Economy was on Voters' Minds

BreakThrough News | The Economy was on Voters' Minds

The Thom Hartmann Program

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

Democracy Now!

Democracy Now! | The Killings of Climate Activists Worldwide

Democracy Now! | The Killings of Climate Activists Worldwide

Mobilized

We the People, We the Power

We the People, We the Power

Related

BreakThrough News

BreakThrough News | The Economy was on Voters' Minds

BreakThrough News | The Economy was on Voters' Minds

The Thom Hartmann Program

The Thom Hartmann Program | Does the Left Needs its own Media Ecosystem?

The Thom Hartmann Program | Does the Left Needs its own Media Ecosystem?

The Thom Hartmann Program

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

The Rick Smith Show

The Rick Smith Show | The Fallout of the Washington Post's (lack of) Endorsement

The Rick Smith Show | The Fallout of the Washington Post's (lack of) Endorsement

Proud Partners