Treasury Secretary Janet Yellen said she believes that Congress will likely approve a bill to implement theĀ global corporate minimum tax agreed upon by 136 countries last week. Speaking to ABC News on Oct. 10, Yellen said that a proposal to include the United States in theĀ global corporate minimum tax plan would likely be part of the $3.5 trillion budget reconciliation plan that Democrats are trying to ram through Congress. “Yes. I am confident that what we need to do to come into compliance with the minimum tax will be included in a reconciliation package,” Yellen told ABC. “I hope that we, that it will be passed and we will be able to reassure the world that the United States will do its part.” On Oct. 8, more than 100 countries agreed to set a minimum global tax rate of 15 percent for big corporations and made it harder for such …
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