President Joe Biden says he wants to partly roll back the Republican tax cuts of 2017, including corporate tax reductions that amounted to a giveaway to some of the world’s richest entities. Reversing those reckless cuts is the right goal but won’t solve the underlying problem that predated them: the use of offshore tax havens that allow corporations to skirt U.S. taxes (as well as those of other countries) by funneling their profits through subsidiaries in low- or no-tax jurisdictions.
So it’s encouraging that newly installed Treasury Secretary Janet Yellen is now…
