White House Economic Adviser: ‘We Need a Global Minimum Tax’…(On To The “New World Order”)!
BY DANIEL HALPER
FEB 13, 2012
Gene Sperling, director of the White House’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.
The White House adviser then said that more details would be forthcoming, though “not in gory detail.”