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Episode 715Jul 18, 2022

What happened to the global tax deal?

Two words: Joe Manchin.

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WASHINGTON, DC - MAY 19: U.S. Sen. Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, questions Interior Secretary Deb Haaland during a hearing at the Dirksen Senate Office Building on May 19, 2022 in Washington, DC. Secretary Haaland testifies on President Biden's fiscal year 2023 Budget Request for the Department of the Interior. (Photo by Kevin Dietsch/Getty Images)
WASHINGTON, DC - MAY 19: U.S. Sen. Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, questions Interior Secretary Deb Haaland during a hearing at the Dirksen Senate Office Building on May 19, 2022 in Washington, DC. Secretary Haaland testifies on President Biden's fiscal year 2023 Budget Request for the Department of the Interior. (Photo by Kevin Dietsch/Getty Images)

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It’s been a year since our deep dive into the Joe Biden administration’s global corporate tax plan. That’s the plan that would set a tax minimum — 15% — to discourage companies from parking their money in tax havens overseas. Well, after the U.S. spent months getting other nations on board, it’s now in limbo. We’ll explain why. Plus, a new report on the government’s use of our data is giving us another reason to put our phones down. And, do-it-yourself coffins?

Here’s everything we talked about today:

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The Team