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Without the support and leadership of the US, the global minimum tax is unlikely to happen. In 2021, the OECD led an agreement to create a uniform global corporate tax policy. The proposal generated support among 136 countries that represent about 90% of the global economy and was framed as two “pillars” of global tax reform that would culminate in a global minimum corporate tax of 15%. However, the US has passed several major tax legislation acts without incorporating this policy, making this global standard unlikely to pass.