Uniting more than 100 organizations in the U.S. to promote policies to combat corrupt financial practices and create a fair and transparent tax system.
https://thefactcoalition.org/
The FACT Coalition
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If America is serious about taxing the rich, Congress needs to focus on policies that can’t be undermined.
Here’s how lawmakers can create a more progressive tax system resilient to legal challenges and executive branch interference.
itep.org/resilient-co...
Great deep dive by @tombergin.bsky.social on Tesla's questionable international tax practices.
I'll add: while Tesla has found a way to shortchange the US, they are paying 27 times more tax to China than to the US government! America-first, or China-first?
"There could be no greater gift to the fentanyl traffickers, fraudsters, and U.S. adversaries that rely on the anonymity that shell companies provide than gutting the Corporate Transparency Act."
Erica Hanichak, @factcoalition.bsky.social
Happy International Workers Day #MayDay
Solidarity and gratitude to our @factcoalition.bsky.social coalition labor members @aflcio.org @afscme.bsky.social @seiu.org
Our @factcoalition.bsky.social letter in @taxnotes.com clears the air on our recent analysis and its unmistakable conclusion that many big US companies are slashing their taxes through offshore tax structures, and current US rules aren’t doing much to stop them.
www.taxnotes.com/tax-notes-to...
Instead of these divisive tax cut proposals, let's all agree to tax the big corporations that profit at everyone's expense.
Right now, Americans are paying too much for gas & medicine, while oil & pharma profits are barely taxed, as I explained in Congress last week: bsky.app/profile/fact...
"Exxon and Chevron pay more in taxes abroad than they pay in the US, as detailed in a report by @factcoalition.bsky.social ....The new reporting requirements are particularly relevant now, as the gas and oil industry’s tax avoidance continues while Americans face rising costs at the pump."
Important new story from @jessedrucker.bsky.social and @dylanfreedman.nytimes.com reinforces our work at @factcoalition.bsky.social to close offshore tax loopholes.
www.nytimes.com/2026/05/29/b...
Looking forward to speaking at this upcoming @fairtaxfoundation.bsky.social webinar on June 22 and sharing our @factcoalition.bsky.social perspective on corporate tax transparency in the US.
"We must sync our tax code with our trade policy, putting an end to provisions that not only fail to deter offshoring, but actively incentivize it." ✊ @aflcio.org aflcio.org/resolutions/...
The next time Congress is serious about making the wealthiest pay their fair share in federal taxes, they will need to make three key changes to the federal corporate income tax so that it applies eff...
The economy should work for people, not the other way around. An economy that works for people is one that, at a minimum, produces good jobs, not precarious work. A good job is one in which you can no...
Oil and gas companies pay more in taxes abroad than they pay in the U.S. thanks to excessive tax breaks and subsidies.
But as Americans face higher fuel prices, even more handouts to this industry will not lower prices.
itep.org/major-oil-an...
The oil and gas industry has long been known for widespread tax avoidance. Now, thanks to new disclosure rules, we have a better picture of how this occurs.
On International Workers’ Day, America’s unions celebrate the strength and solidarity of the labor movement, and we’re committed to building global worker power and justice.
Solidarity forever ✊ #MayDay
Tesla saved $400 million on its federal taxes by shifting billions of its U.S. profits to countries with lower tax rates.
Yes: While you paid your taxes in full, giant corporations maneuvered to pay as little as possible — and it’s all perfectly legal for them.
The system is rigged.
The current corporate tax code that encourages offshore tax avoidance isn't "America-first," it's "Corporations-first, Americans-last"
FACT policy director @zorkamilin.bsky.social speaking now at @usprogressives.bsky.social 's shadow hearing on tax policy reforms to end corporate greed.
AFL-CIO
Robert Reich
🕑 𝐎𝐮𝐫 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐖𝐞𝐞𝐤 𝐬𝐜𝐡𝐞𝐝𝐮𝐥𝐞 𝐢𝐬 𝐧𝐨𝐰 𝐨𝐮𝐭! 𝐀𝐧𝐝 𝐭𝐡𝐞 𝐜𝐨𝐮𝐧𝐭𝐝𝐨𝐰𝐧 𝐢𝐬 𝐨𝐧.
#FairTaxWeek 2026 kicks off on 21 June with a host of webinars, in-person events, blogs, celebrations and more.
See what's in store ➡️ fairtaxmark.net/supporters/f...
The FACT Coalition
Fair Tax Week is a recognition of the businesses and organisations that are proud to promote responsible tax conduct
US Congressional Committee Chips Away at Corporate Transparency Act
www.occrp.org/en/news/us-c...
Organized Crime and Corruption Reporting Project
In a vote split down partisan lines, Republicans on a key committee on Tuesday began the process of replacing the Corporate Transparency Act’s requirements to disclose the true owners of shell companies.
