The taxman’s new monopoly

Published July 7, 2021 10:00am ET



For the life of me, I just couldn’t get those Beatles lyrics out of my mind when I read the Wall Street Journal headline, “U.S. Wins Backing for Global Minimum Corporate Tax Rate.”

“If you drive a car, I’ll tax the street. If you try to sit, I’ll tax your seat. If you get too cold, I’ll tax the heat. If you take a walk, I’ll tax your feet. Taxman. Cause I’m the taxman, yeah I’m the taxman.”

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