The global minimum tax rate proposed by the Group of 7 (G7) aims to clamp down on tax evasion and prevent countries from competing by offering lower taxes to attract multinationals.
When you boil it down it means the pusher of this global tax( the USA) can not live within its means and wants other people in other countries to foot their bills. The USA is a bankrupt country with a failing currency. It has lost 99% of its value since 1913 when the jews took control of the money supply and setup the Federal Reserve which is as federal as Federal Express