Three Democratic senators on Tuesday unveiled proposed legislation that would require roughly 200 U.S. companies to pay a minimum 15 percent tax rate The proposal, called “The Corporate Profits Minimum Tax” is sponsored by senators Elizabeth Warren (D-Mass.), Angus King (I-Maine), and Senate Finance Committee Chair Ron Wyden (D-Ore.) and co-sponsored by senators Michael Bennet (D-Colo.), Edward J. Markey (D-Mass.), and Sheldon Whitehouse (D-R.I.). It aims to prevent the largest and most profitable company’s across America from avoiding having to pay taxes and lawmakers hope it will create a more even playing field and fair tax system. Senators want the proposal to be included as a source of revenue to help fund President Joe Biden’s Build Back Better agenda, which is currently being negotiated in Congress. Specifically, The Corporate Profits Minimum Tax bill would ensure that companies making more than $1 billion in profits annually pay a 15 percent minimum tax rate on those profits. The new …