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House Republicans Slam Biden Administration For Avoiding Oversight

House Republicans Slam Biden Administration For Avoiding Oversight

Thomas Catenacci A group of top House Republicans criticized Treasury Secretary Janet Yellen for avoiding oversight while her agency allegedly mishandles billions of dollars of coronavirus relief funds. The lawmakers, led by House Republican Whip Steve Scalise, blasted Yellen for skipping her congressionally-mandated testimony before the Financial Services Committee in a letter on Wednesday. Instead of testifying […]

Tax Havens, Or Government Cartels?

Tax Havens, Or Government Cartels?

Randall G. Holcombe  President Biden and Treasury Secretary Janet Yellen have convinced the other G-7 countries to implement a 15% minimum global corporate tax rate. The argument in favor is that some countries (the linked article names Ireland) are establishing themselves as tax havens–lowering their tax rates to attract businesses from higher-tax countries. Another way […]