Corporate Minimum Tax Resurfaces as Democrats Hunt for Money

Corporate Minimum Tax Resurfaces as Democrats Hunt for Money

WASHINGTON—Senate Democrats announced a 15% minimum tax on large companies’ income on Tuesday, refreshing an earlier revenue-raising proposal as they try to generate enough money to pay for President Biden’s social-spending and climate-change agenda.The plan, backed by Sens. Elizabeth Warren (D., Mass.), Angus King (I., Maine) and Ron Wyden (D., Ore.) would affect about 200 … Read more