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The Proposal for a Minimum Global Corporate Tax Rate*
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May 31st 2021, Prabhat Patnaik
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The
Biden administration and its huge stimulus package which
is to be financed by raising corporate tax rates, represents
a shift from neoliberalism. The consequences of imposition
of austerity on the third world, even as social democratic
measures are implemented in the metropolis, are yet
to be seen.
*
This article was originally published in People's
Democracy on May 30,
2021.
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