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.
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...
Witty, fun read from @ranaforoohar.bsky.social warning against what she so perfectly labels America's "tax cut fetishism."
We must defeat it to save the republic.
"America is already a low-tax country ā far lower, as a share of GDP, than almost all other highly developed economies....if the tax rate goes much lower, it will cease to be possible to run this large and complex country."
@natasharsarin.bsky.social at her very bestš„
www.nytimes.com/2026/06/02/o...
Our @factcoalition.bsky.social research shows that American Big Oil has been lightly taxed at home. As their profits skyrocket at the expense of ordinary Americans, Congress should do everything possible to fix that. A timely proposal led by @schumer.senate.gov @wyden.senate.gov @bennet.senate.gov
I recommend this excellent @bloombergtax.com podcast for anyone who wants to get up to speed on where things stand on corporate tax transparency:
news.bloombergtax.com/daily-tax-re...
Thanks to @icij.org for covering my Congressional testimony last week about the tax haven games played by Merck and other pharma companies.
Why gutting the Corporate Transparency Act is a big - and very bad - deal.
Corporate Transparency: Treasury Should Address Gaps in Ownership Information Resulting from Expanded Exemptions https://www.gao.gov/products/gao-26-107967?utm_medium=social&utm_source=bluesky&utm_campaign=usgao
š°Follow the Money
āThe Mint buys gold that originates in a Colombian drug cartel mine. It makes Lady Liberty coins out of gold from Mexican and Peruvian pawn shops and from a Congolese mine that is part-owned by the Chinese government, records show.ā
www.nytimes.com/2026/04/26/w...