The U.S. is the most lucrative market for drugmakers, but they often pay more in taxes overseas. Jim Watson/AFP via Getty Images hide caption
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Treasury Secretary Janet Yellen listens during a meeting with President Biden in the White House on March 5. Yellen on Monday proposed a minimum global tax rate for corporations. Al Drago/Pool/Getty Images hide caption
Janet Yellen Proposes Bold Idea: The Same Minimum Corporate Tax Around The World
Republicans in Congress have proposed a large cut in the tax rate that U.S. corporations pay. The U.S. Capitol in Washington, D.C., is seen here on March 31. J. Scott Applewhite/AP hide caption