Obama Economic Adviser Gene Sperling: ‘We Need a Global Minimum Tax’
Yep. Just what the doctor ordered. A “minimum global tax.’ That’ll really show those evil rich fat cats! It’s show all those middle class and poor people too! We need to be more like Europe. According to the Weekly Standard, Gene Sperling, director of the Obama’s national economic council, said today at an official meeting that “we need a global minimum tax”:
“He supports corporate tax reform that would reduce expenditures and loopholes, lower rates for people investing and creating jobs in the U.S., due so further for manufacturing, and that we need to, as we have the Buffett Rule and the individual tax reform, we need a global minimum tax so that people have the assurance that nobody is escaping doing their fair share as part of a race to the bottom or having our tax code actually subsidized and facilitate people moving their funds to tax havens,” Sperling said.