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Biden Softens Tax Proposal Aimed at Profitable Companies That Pay Little

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The Treasury Department says the tax is designed ‘to ensure that the most aggressive tax avoiders are forced to bear meaningful tax liabilities.’ The Treasury Department building in Washington is seen on April 5.

The Treasury Department says the tax is designed ‘to ensure that the most aggressive tax avoiders are forced to bear meaningful tax liabilities.’ The Treasury Department building in Washington is seen on April 5.

Photo: Ting Shen for the Wall Street Journal

This is not a CAPTIS article. Originally, it was published here.