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April 13, 2021

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U.S. confident vast majority of developed nations will agree to global minimum tax, Treasury deputy says

CNBC
CNBC – For more and to sign up click here Adewale Adeyemo, Treasury Secretary Janet Yellen’s deputy, on Wednesday said increasing the U.S. corporate tax rate to 28% will not make American companies less competitive, because the Biden administration is confident it can win the support of developed nations to......

Yellen calls for global minimum corporate tax rate in first major address as Treasury secretary

CNN
USA TODAY – For more and to sign up click here “We’re working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom. Together, we can use global minimum tax to make sure that the global economy thrives, based on......

Treasury Secretary Janet Yellen calls for global minimum tax on companies to

CBS News
CBS News – For more and to sign up click here The United States is working with G20 nations on a global minimum tax for companies, Treasury Secretary Janet Yellen said Monday. It’s part of President Biden’s corporate tax plan that also includes raising the corporate tax rate in the......

Yellen to push for global minimum tax on corporations

CNBC
CNBC – For more and to sign up click here Treasury Secretary Janet Yellen on Monday will call for a minimum tax levy on corporations around the world in an effort to keep companies from relocating to find lower rates. “We are working with G-20 nations to agree to a......

Senate Democratic moderates push for minimum wage compromise

Politico
Politico.com – For more and to sign up click here “I’ve long supported an increase in the minimum wage. I’ve generally been supportive of a $12 increase, but I was very concerned that in the midst of this pandemic this would have an impact, particularly on the restaurant business,” said......

Democrats want to eliminate tipped minimum wage in Wisconsin restaurants

WashingtonExaminer
USA TODAY – For more and to sign up click here Paying for your meal would be different, and potentially more expensive, under a plan being pushed by Democrats at the Wisconsin Capitol. State Sen. Chris Larson, D-Milwaukee, and Rep. Francesca Hong, D-Madison, introduced legislation on Monday to end the......

Senate centrists weigh brokering deals on immigration, minimum wage

Politico
Politico.com – For more and to sign up click here Romney was among the 10 Republicans who met with President Joe Biden about coronavirus legislation this winter. Ultimately Democrats shunned the GOP’s entreaties as lowball offers, deciding to pass a $1.9 trillion stimulus bill with a party-line vote via budget......

28 Times People Tweeted Against Minimum Wage But Their Arguments Turned Shaky

IA
For those living in a metropolitan city, $7.25 may feel like a small snack and a drink at best, but for many Americans, this is the reality of the federal minimum hourly wage. The amount has been exactly the same since 2009, so no wonder that boosting it to $15/h......

Pennsylvania budget secretary defends spending plan, minimum wage hike

WashingtonExaminer
USA TODAY – For more and to sign up click here Pennsylvania Budget Secretary Jen Swails spent three hours defending Gov. Tom Wolf’s spending plan – a proposal many Republicans criticize as lofty and unrealistic – before the House Appropriations Committee this week. The meeting concluded three weeks of hearings......

Progressives grapple with path forward as hopes of passing minimum wage fade

CNN
USA TODAY – For more and to sign up click here After the Senate parliamentarian ruled that the provision could not be a part of the reconciliation process, a procedural shortcut that Democrats are using to pass Covid relief without needing any Republican support, Vermont Sen. Bernie Sanders introduced an......

$15 minimum wage amendment fails, revealing rift in Democratic caucus

CBS News
CBS News – For more and to sign up click here Minimum-wage workers won’t see a raise as part of federal coronavirus relief efforts, as moderate Democrats joined all Republicans to shoot down Senator Bernie Sanders’ amendment to include increasing the minimum wage to $15 an hour in the Senate......

GOP may hold keys to Democrats’ long-sought minimum wage hike

Politico
Politico.com – For more and to sign up click here “It is a more durable solution if it’s 60 votes,” Coons said on Monday after a couple of “very preliminary” weekend discussions with Republicans on raising the wage. Republicans “realize it’s got to be raised,” said Sen. Angus King (I-Maine).......

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