It's about that time, time to fill the grill with all your shopwright favorites,

like hot dogs in hamburgers, sausages and shrimp.

So go ahead, fill the grill at a fabulous price,

see all our summer deals at shopwright.com, shopwright, check out Happy.

This is CBS Eye on the World with John Bachelorette. Here's John Bachelorette.

This is CBS Eye on the World. I'm John Bachelorette, Texas. Not only Texas in the United States,

not only the IRS, but global taxes in the news because Janet Yellen and the G7 finance ministers

have been discussing global taxes in several iterations and the G7 itself meeting in Europe in Great

Britain, discussing a minimum tax. That's one of the presentations by the finance ministers.

I welcome Richard Epstein, Professor Richard Epstein, teaches law at NYU in the University of Chicago.

And I learned that Richard has been writing about taxes for 50 years. So pending Edmund Burke

showing up, Richard will do for an overall view of how we've gone through several administrations,

always making tax adjustments that are then adjusted again. Richard, is it a senior fellow at the

Hoover Institution? Richard, a very good evening to you. The presentation by the finance ministers of

G7 finance ministers, including Janet Yellen, former chairman of the Federal Reserve now Secretary of

the Treasury, is three parts to my reading. And I go quickly through one a tax rate on the 100

largest multinationals on earth. That is not enamedless, but we can guess if some of them, too,

a minimum tax, global minimum tax on corporations, and three, a digital tax on companies,

corporations, multinationals that do business in a country without a presence in the country.

Google would be an example advertising. I want to start with the global minimum tax because that

has come up again in headlines from the G7 meeting. It's 15% is the number they're using,

but as I understand it, there are countries higher, there are countries lower. So what is your

...