05-March-2021
Economy News
 
Janet Yellen favors higher company tax, signals capital gains worth a look
23-Feb-2021

Treasury Secretary Janet Yellen said President Joe Biden favours boosting taxes on companies, and signalled openness to considering raising rates on capital gains, while steering clear of a wealth levy. “A wealth tax has been discussed but is not something President Biden” favours, Yellen said at a virtual conference on Monday hosted by the New York Times. She said such a tax would have significant implementation problems.

News Source:- https://www.business-standard.com/article/international/janet-yellen-favors-higher-company-tax-signals-capital-gains-worth-a-look-121022300082_1.html