{"id":78356,"date":"2021-05-28T01:43:00","date_gmt":"2021-05-28T05:43:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78356"},"modified":"2021-05-28T01:27:14","modified_gmt":"2021-05-28T05:27:14","slug":"jpmorgans-dimon-citigroups-fraser-doubt-bidens-minimum-global-corporate-tax-rate-plan-would-work","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2021\/jpmorgans-dimon-citigroups-fraser-doubt-bidens-minimum-global-corporate-tax-rate-plan-would-work.html","title":{"rendered":"JPMorgan\u2019s Dimon, Citigroup\u2019s Fraser doubt Biden\u2019s minimum global corporate tax rate plan would work"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/JPM\" target=\"_blank\">JPMorgan Chase<\/a> CEO Jamie Dimon and Citigroup chief Jane Fraser on Thursday expressed concerns over President Joe Biden\u2019s effort to hike the amount of taxes businesses pay on foreign profits and a concurrent goal to set a global minimum corporate tax rate. Dimon argued that a plan to raise the U.S. tax rate on foreign profits to 21% could, over time, push firms to move business overseas.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/05\/27\/jamie-dimon-biden-minimum-global-corporate-tax-rate.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) JPMorgan Chase CEO Jamie Dimon and Citigroup chief Jane Fraser on Thursday expressed concerns over President Joe Biden\u2019s effort to hike the amount of taxes businesses pay on foreign profits and a concurrent goal to set a global minimum [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78356","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78356"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78356\/revisions"}],"predecessor-version":[{"id":78357,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78356\/revisions\/78357"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}