Read My Lips: Corporate Taxes
What A Day
What A Day
4.6 • 12.6K 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.

