meta_pixel
Tapesearch Logo
Log in
What A Day

Read My Lips: Corporate Taxes

What A Day

What A Day

Daily News, News

4.612.6K Ratings

🗓️ 6 April 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

The Biden administration is trying to get corporations to pay their fair share of taxes in order to fund a new jobs and infrastructure package. Yesterday, Treasury Secretary Janet Yellen called for a global minimum corporate tax rate. We explain.

Clinical trials of a low-cost COVID vaccine are beginning in Brazil, Mexico, Thailand, and Vietnam. The vaccine is produced in a less expensive, more traditional way than the vaccines we have now, and it could be majorly important to ending the pandemic around the world.

And in headlines: Arkansas governor vetoes anti-trans bill, SAG awards actors of color, and Vladimir Putin passes law to extend his power into the future.


Show notes:

NYT: "Researchers Are Hatching a Low-Cost Coronavirus Vaccine" – https://www.nytimes.com/2021/04/05/health/hexapro-mclellan-vaccine.html


Follow What A Day on Instagram at instagram.com/whataday

For a transcript of this episode, please visit crooked.com/whataday.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Tuesday, April 6th. I'm Keela Hughes.

0:09.2

And I'm Gideon Resick and this is what a day where we are still grateful to Dolly Parton

0:12.8

for single-handedly making the COVID vaccine.

0:15.3

Yeah, a lot of people don't know this, but she actually wrote,

0:17.6

I will always love you, Joline and the COVID vaccine in the same day.

0:32.4

On today's show, a new potential way to vaccinate the world, then some headlines.

0:36.9

But first, the latest, where it is all about taxes.

0:40.3

And Treasury Secretary Janet Yellen is making the case that big US corporations should

0:44.4

be paying up.

0:45.4

It's about making sure that governments have stable tax systems that raise sufficient

0:51.2

revenue to invest in essential public goods and respond to crises.

0:57.8

That was Yellen talking to the Chicago Council on Global Affairs yesterday.

1:01.5

That's right.

1:02.5

So, US Treasury Secretary Janet Yellen said, you go and pay what you owe to corporations

1:05.8

by proposing a minimum global corporate tax.

1:08.6

That means if a company thinks it can leave America just to skip out on paying taxes,

1:12.6

while still doing business here, we gon' getcha.

1:14.8

So she cited a, quote, 30 year race to the bottom where countries competed with one another

1:19.6

to attract businesses.

1:21.2

But that just resulted in an erosion of investment in public goods.

1:24.7

In effect, those higher corporate taxes would be a strategy to fund Biden's $2.3 trillion

1:29.1

infrastructure plan.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from What A Day, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of What A Day and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.