President Joe Biden and other world leaders are endorsing a global corporate minimum tax at the opening of Saturday's G-20 summit.
Following the first plenary session on Saturday, a senior Biden administration official said that the leaders "all came out in support of a global minimum tax."
An administration official said that the global corporate minimum tax would lead to at least $60 billion in additional revenue every year in the U.S. alone.and spiking energy prices were also expected to be high on the agenda during the opening session of the G-20. Biden and other G-20 leaders posed for a group photo before sitting down for the meeting. First responders joined, and several of them took selfies with Biden at the end.and British Prime Minister Boris Johnson.
The Group of 20, an annual gathering of international leaders representing the world’s biggest economies, meets every year to discuss some of the world's most challenging economic problems.
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