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Newsroom and Updates

News Videos

May 19, 2021 United States Secretary Treasury Secretary Janet Yellen

 

U.S. Increasing Federal Corporate Taxes To 28% And Doubling Capital Gains Making The United States Less Competitive Than Europe. 


May. 19, 2021 - 6:48 - Americans for Tax Reform President Grover Norquist pushes back on Treasury Secretary Janet Yellen's 'bizarre' argument for raising corporate and capital gains tax rates.  One Million C Corporations will be affected, making Europe an ideal landspace for market share. 

Kevin O'Leary: Hiking Corporate Tax Rates Would Kill Economic Growth


You Don't Have To Put Your Headquarters In The United States Anymore To Be Globally Competitive


April 16th 2021  Kevin O’Leary, chairman of O’Shares ETFs and co-host of “Shark Tank," and Alexis Goldstein, a senior policy analyst at Americans for Financial Reform, joined "Squawk Box" on Friday to debate what would be the outcome of President Joe Biden's proposed corporate tax hike. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  


New York Times: The Biden Administration Seeks to Raise $2.5 trillion Through Corporate Tax Increase

 New York, April 7, 2021  

The Biden administration unveiled its plan to overhaul the corporate tax code on Wednesday, offering an array of proposals that would require large companies to pay higher taxes to help fund the White House’s economic agenda.

The plan, if enacted, would raise $2.5 trillion in revenue over 15 years. It would do so by ushering in major changes for American companies, which have long embraced quirks in the tax code that allowed them to lower or eliminate their tax liability, often by shifting profits overseas. 

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News Videos

U.S CEO's React To The Hike in Taxes

May 19, 2021  President Joe Biden wants to fund his $4.1 trillion infrastructure and family policy agenda with a huge pile of tax increases on corporations and the wealthy. The business community is dismissing the threat.

Wall Street Journal: Joe Biden’s Ambitious Tax Plan Faces Reality

November  25, 2020 President-elect Joe Biden campaigned on raising taxes on the wealthy and corporations. But the fate of Biden’s plan rests largely on whether or not Democrats take control of the Senate. WSJ’s Richard Rubin explains. Photo: Olivier Douliery/AFP/Bloomberg  

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