In Germany, Ways & Means Members Highlight How OECD Global Tax Deal Harms Jobs, Emboldens China, and Would Spark Global Tax Instability

Press Release

"When it comes to taxation we have a Joint Committee on Taxation. It's very well respected, been around for decades. And their best-case scenario is this costs us $60 billion a year in taxation. Worst case is $120 billion. But in fact, the real best-case scenario is actually if we implemented Pillar 2 and nobody else did, we make $250 billion. And that's not going to happen. So it is important that everybody understands their respective responsibilities. We respect yours. Ours is to protect and guard the American taxpayer dollar."

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