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Yellen: Compete on Economic Strengths, Not Low Tax Rates | Business News

By DAVID McHUGH, AP Business Writer

U.S. Treasury Secretary Janet Yellen said Sunday that deterring the use of tax havens will let countries compete on economic fundamentals — instead of by offering ever-lower tax rates that deprive governments of money for infrastructure and education.

Yellen spoke after finance ministers from the Group of 20 major economies endorsed a global minimum corporate tax of at least 15{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272}, a measure aimed at putting a floor under tax rates and discouraging companies from using low-rate countries as tax havens.

“This deal will end the race to the bottom,” she said at a news

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Original, Global Business Architect Strengths Study Provides Unique Perspectives on Practitioners’ Value

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Wells Fargo: 2 Compelling Stocks With Over 70{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} Upside Potential

The analysts at Wells Fargo have been scrutinizing the market, or more specifically, scrutinizing the winners and the losers of the current market conditions. In a recently published note, senior equity analyst Chris Harvey writes, “Risk-on and small-cap outperformance has turned this equity market into a stock picker’s paradise.” Obviously, then, Harvey sees small-cap stocks doing well right now, with plenty of options for investors to choose from. While small caps generally amount to a riskier investment, one distinct advantage they hold over larger names is in the possibility

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