WEBVTT

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Treasury Secretary Janet Yellen is working with other countries on

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an agreement to update corporate tax rules to establish a

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global minimum tax as a Biden administration considers raising taxes

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on businesses in order to finance spending priorities. The

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Washington Post reported on Monday that the effort could be

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one of Yellen's biggest accomplishments. If an agreement is

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reached, it could be critical to any push from

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Biden to raise taxes to offset the cost of future

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spending proposals.