Treasury’s Adeyemo Says Spending Plan Meets Manchin’s Demands

The video discusses the international minimum tax and its role in creating a level playing field for companies globally. It highlights how this tax can incentivize American companies to invest domestically, improving the economy. The Build Back Better proposal is also covered, explaining how it will be funded without increasing the deficit, focusing on tax increases for the wealthy and corporations. Concerns about inflation and economic pressures are addressed, with emphasis on job creation and educational expansion.

What commitments has the president made regarding taxes for families making under $400,000?

In what ways does the proposed legislation address concerns about inflation and deficit?