Tax

News Release | U.S. PIRG | Tax

New Report from Senator Levin Affirms Repatriation Holiday Would Fatten CEO Wallets, Not Create Jobs

Senator Levin’s new report reaffirms that rewarding companies that artificially shifted profits overseas with special tax treatment is a wasteful giveaway to corporate executives that sacrifices deficit reduction for no public benefit to the economy.

News Release | NMPIRG Education Fund | Tax

New Mexico Taxpayers Footing a $100 Billion Bill for Tax Dodgers

Each year, major corporations and individuals avoid as much as $100 billion a year in federal taxes by “off-shoring” the money they make here in the U.S. or by setting up sham headquarters in tax haven countries. Taxpayers are left footing the bill.

Report | NMPIRG Education Fund | Tax

Tax Shell Game

The IRS estimates that individuals and corporations currently hold $5 trillion in tax haven countries and asserts that the United States is responsible for a large portion of these assets.

Report | NMPIRG Education Fund | Tax

Representation Without Taxation

Marking the second anniversary of the Supreme Court’s decision in the Citizens United vs. Federal Election Commission case—which opened the floodgates to corporate spending on elections—this report takes a hard look at the lobbying activities of profitable Fortune 500 companies that exploit loopholes and distort the tax code to avoid billions of dollars in taxes.

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