President Biden: Inflation Reduction Act will place a 15% minimum tax on billion-dollar companies

CNBC Television published this video item, entitled “President Biden: Inflation Reduction Act will place a 15% minimum tax on billion-dollar companies” – below is their description.

President Biden delivers remarks on the July jobs report, the Inflation Reduction Act and the federal deficit.

CNBC Television YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

Yields are in the driver’s seat, says Allianz’s Mohamed El-Erian

Widening in corporate spreads is commensurate with rate volatility, says DoubleLine’s Jeff Sherman

Delano Saporu, New Street Advisors CEO parses his pick from the CNBC Stock Draft

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

ARK Invest CEO Cathie Wood on recession #Shorts

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.