Treasury Secretary Janet Yellen called Tuesday for business leaders to pay higher taxes to support government stimulus spending.
Treasury Secretary Janet Yellen called for business leaders to pay higher taxes to support President Joe Biden's infrastructure program.
In addition, Yellen said worker pay inequality stems in part from a lack of union power, and said companies should welcome global competition. Secretary of the Treasury Janet Yellen speaks during a daily news briefing at the James Brady Press Briefing Room of the White House May 7, in Washington, DC.called Tuesday for business leaders to pay higher taxes to support government stimulus spending, while backing stronger labor unions and lowering barriers to foreign competition.
In a speech to the U.S. Chamber of Commerce, Yellen reiterated the White House's intent to raise taxes on corporations and the highest earners as part of an ambitious