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Friday, April 16, 2021

Yellen Calls for Taxing Large Corporations on Puffed Up Earnings they Report to Shareholders

 

Yellen Calls for Taxing Large Corporations on Puffed Up Earnings they Report to Shareholders, Which I Called for Years Ago

The “minimum book tax” on reported earnings would be a tax incentive to produce realistic earnings reports. Wall Street will fight it furiously.