The FACT Coalition
@factcoalition.bsky.social
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/
Join us on Sept 22 for "From Hidden Wealth to Public Trust – Reclaiming Our Democracy," an in-person and virtual discussion featuring @cjcmichel.bsky.social, @vanessawilliamson.bsky.social, @sarahpray.bsky.social, and @zorkamilin.bsky.social Read more & RSVP here: thefactcoalition.org/democracy/
Glad to see our @factcoalition.bsky.social research cited in this update on the blockbuster tax cases against big multinationals, still moving despite IRS cuts. Simple math: "America's government debt continues to soar. Its multinationals may soon have to foot a bigger share of the bill."
The IRS is going after America Inc’s overseas profits
Companies from Coca-Cola to Meta are in its sights
economist.com
The Economist@economist.com · 2w agoCompanies from Coca-Cola to Meta are in its sights
My thoughts on equitable AI economy and international tax reform in @projectsyndicate.bsky.social Corporate taxes are the battleground where public trust in AI, and our governing institutions, will be won or lost. www.project-syndicate.org/commentary/g...
Global Tax Reform Is the Key to a Fair AI Economy
Zorka Milin shows why digital-service levies are a necessary first step toward a more equitable multilateral architecture.
project-syndicate.org
NEW from @factcoalition.bsky.social: what Microsoft's taxes reveal about tax havens, and the tax implications of hyperscalers' enormous AI investments. Is the current complex, loophole-ridden US tax code up to the task of taxing AI profits? thefactcoalition.org/ireland-ai-a...
Ireland, AI and Microsoft’s Vanishing Tax Bill
Microsoft’s new financial disclosures demonstrate the challenge facing policymakers interested in taxing AI: massive investment in the sector is lowering tax collected today, and even when the technol...
thefactcoalition.org
FACT's summer 2026 newsletter dives deep into the US policy space with regard to environmental crime. Featuring great work from our friends at @fintrco.bsky.social, @wwf.org.uk, Earth League Int'l, @spotlightcorruption.org, FCDS, GI-TOC, and more! thefactcoalition.org/environmenta...
Environmental Crimes Newsletter: Summer 2026
Read the latest edition of FACT’s biannual Environmental Crimes Newsletter, a round-up of recent news regarding efforts to combat environmental crimes and the dirty money associated with them.
thefactcoalition.org
Thank you @repdelbene.bsky.social, for leading this effort to ensure the IRS has the resources it needs to enforce our tax laws. With proper funding, the agency can take on wealthy tax cheats and big corporations that hide profits offshore, as I told the Senate. www.budget.senate.gov/imo/media/do...
budget.senate.gov
Congresswoman Suzan DelBene@repdelbene.bsky.social · 2mo agoRepublicans’ Big Ugly Bill gave the biggest tax cut to the wealthy & large corporations. It also slashed funding for the IRS to go after tax cheats, further letting the rich get away with not paying their fair share.
Thank you @liccardo.house.gov for calling out the administration's gutting of the Corporate Transparency Act during today's HFSC hearing. "As I see it, this administration has decided that it's going to launch a global naval strategy, and exempt the Pacific Ocean"
Thank you @repbeatty.bsky.social for pushing back against efforts to gut the Corporate Transparency Act, and other recent actions that will "weaken the very tools that help investigators follow the money, protect consumers, and hold bad actors accountable" at today's HFSC hearing.
👇Trump's Treasury doesn't speak for everyone in the US when they fret about corporate tax transparency. A group of lawmakers has just introduced a bill that is supported by @factcoalition.bsky.social and our members @itep.org @afscme.bsky.social @publiccitizen.bsky.social
Matthew Gardner@mindthegaap.bsky.social · 2mo agoTwo ships passing in the night: just as Trump's Treasury is calling corporate tax disclosure "very dangerous," Sen. Chris Van Hollen reminds us that danger is his middle name, introducing a bill that would mandate country by country disclosure for US corporations. itep.org/new-legislat...
New EU rules requiring greater corporate tax transparency are "very dangerous," according to the Trump administration. They're worried the public will learn too much about the way U.S. corporations use offshore tax havens. itep.org/corporate-ta...
Trump Administration Says Shining Light on Corporate Tax Avoidance is ‘Very Dangerous’
Administration officials appear far more concerned about the public knowing too much about how U.S. corporations shift their income into offshore tax havens.
itep.org
In this month's FACT Newsletter: - Erica Hanichak & @zorkamilin.bsky.social are named FACT co-directors - Microsoft + other U.S. MNEs release first EU international tax reports - @jyansura.bsky.social quoted in hard-hitting reporting on illegal gold ...and more! thefactcoalition.org/just-the-fac...
Just the FACTs Newsletter 7/9/26
In this month’s edition of Just the FACTs, Erica Hanichak and Zorka Milin are named FACT co-directors, Microsoft and other major multinationals release their first EU international tax reports…
thefactcoalition.org
On my last day as executive director of the @factcoalition.bsky.social, I'm sharing these personal reflections. FACT is in great hands now with @zorkamilin.bsky.social and Erica Hanichak at the helm. thefactcoalition.org/who-gets-wha...
It’s Always Been About Who Gets What and Why
Read the farewell blog from outgoing FACT executive director Ian Gary.
thefactcoalition.org
Microsoft's first detailed tax report follows years of resisting investor demands for more tax transparency, and comes as Ireland takes the EU presidency. But the implications are even more significant for US tax policy. Our @factcoalition.bsky.social review: thefactcoalition.org/microsoft-eu...
New Microsoft Tax Report Provides Fresh Insight Into Continued Offshore Tax Games
“Microsoft’s new tax disclosures raise serious questions about the misalignment of economic substance and where profits are located, and how much revenue the U.S. and other market countries are losing...
thefactcoalition.org
Microsoft tax report is a glimpse of offshore games. As I told @richardrubindc.bsky.social, "There is public interest in this information so there's definitely huge value in that. Companies are always free to provide their own context and their own narrative. Unfortunately very few of them do."
Brilliant @americanprogress.bsky.social paper on what's really driving the federal deficit. What will it take to fix it? One critical piece: corporate tax reform. New from @factcoalition.bsky.social thefactcoalition.org/we-cant-addr...
We Can’t Address the U.S. Deficit Without Corporate Tax Reform
In a new blog, FACT’s Thomas Georges and Evan Dymond argue that lawmakers must pursue revenue-raising corporate tax reforms if they are serious about tackling the nation’s fiscal crisis.
thefactcoalition.org
Bobby Kogan@bbkogan.bsky.social · 3mo agoNew paper from me and @jaredb-econ.bsky.social on the debt and our fiscal outlook! Before we dig into the paper, I think we should be frank about how we got here. At the beginning of the century, debt was on track to be stable indefinitely. Then Congress enacted enormous tax cuts. Now it's not.
"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/...
Resolution 7: We Want Good Jobs Today and Tomorrow | AFL-CIO
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...
aflcio.org
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.
Fair Tax Foundation@fairtaxfoundation.bsky.social · 3mo ago🕑 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...
"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."
ITEP@itep.org · 3mo agoOil 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...
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...
Trump Clears Way for Corporate Tax Dodge Hidden in the Fine Print
nytimes.com
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...
taxnotes.com
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...
A Resilient Framework for Corporate Tax Reform
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...
itep.org
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...
The FACT Coalition@factcoalition.bsky.social · 5mo agoThe 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.
Happy International Workers Day #MayDay Solidarity and gratitude to our @factcoalition.bsky.social coalition labor members @aflcio.org @afscme.bsky.social @seiu.org
AFL-CIO@aflcio.org · 5mo agoOn 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
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?
Robert Reich@rbreich.bsky.social · 5mo agoTesla 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.
"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
Organized Crime and Corruption Reporting Project@occrp.org · 5mo agoUS Congressional Committee Chips Away at Corporate Transparency Act www.occrp.org/en/news/us-c...
Thanks to @icij.org for covering my Congressional testimony last week about the tax haven games played by Merck and other pharma companies.
ICIJ@icij.org · 5mo agoLawmakers and experts in several countries have called for pharmaceutical companies to be more transparent about drug pricing and tax dealings following revelations from ICIJ’s #CancerCalculus. Read the updates:
88 corporations paid $0 in federal income tax for 2025. Some of these companies want to distract you with other taxes they paid, but that doesn't change the fact that their $0 federal income tax bill is disclosed right in their own financial reports. itep.org/88-corporati...
The Big Corporations That Avoided All Federal Income Taxes on Their 2025 U.S. Profits Would Like Us All to Please Just Look at That Squirrel Over There
When confronted with the completely accurate observation that their own annual reports disclose an estimated current federal income tax expense of zero on current-year income, the companies will despe...
itep.org
A bill "that would effectively repeal the Corporate Transparency Act, the most important anti-money laundering reform in a generation" is advancing through Congress. We've reported on this rollercoaster on the #Taxcast podcast. Ahead of the mid-terms? Years of @factcoalition.bsky.social work on this
House Committee Advances Disastrous Bill Gutting Corporate Transparency Act
“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.” - FA...
thefactcoalition.org
Thanks to Rep. Brad Sherman for his spirited defense of the Corporate Transparency Act at today's HFSC markup, and for shouting out FACT's role in advancing this critical law. As Rep Sherman says, H.R. 425's repeal of the CTA would be a gift to scammers and fraudsters.
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.