Trump cares so deeply about Nigerian Christians that last week he banned them from getting any business, tourist, student, or immigrant visas. Merry Christmas!

The Epstein file is the only thing Trump has ever taken his name off of

"The largest source of additional tax revenues is also probably the most compelling for fairness and social stability. Some call it closing tax code loopholes, but the term “loopholes” grossly understates their scale. “Caverns” or “caves” would be more fitting." www.nytimes.com/2025/12/19/o...

🚨On the eve of other countries handing American companies a free pass from global minimum tax, we learn that American companies still book around 1/2 of their profits in tax havens. Compelling new @taxobservatory.bsky.social research is #TaxTwitter must-read: www.taxobservatory.eu/publication/...

“When transparency disappears, you don’t get privacy—you get crime.” Brilliant @natesibley.bsky.social on yesterday's appellate court decision upholding the #CorporateTransparencyAct

All I want for Christmas is: for the US Corporate Transparency Act to be upheld and enforced so law enforcement can follow the money trail and catch criminals! 🎄🎁 thefactcoalition.org/court-uphold...

NEW INVESTIGATION: While the Trump Administration threatens military action in Venezuela and Mexico over drug trafficking, the US has left loopholes wide open allowing traffickers to obtain private jets in the US, completely anonymously, for flying cocaine across LatAm www.occrp.org/en/project/n...

A deeply skewed tax system allows major American fossil-fuel companies to avoid paying their fair share, according to a new FACT Coalition report. While the firms studied extract more than half of their oil and gas domestically, they only pay 18 percent of their total taxes in the U.S.

ICYMI check out my new op-ed warning against lobbying push by big business to get a free pass from the corporate minimum tax, contrary to what Congress intended.

“We are giving companies an awful lot of money to do something they were going to do anyway; that’s the issue with most tax incentives. When companies are engaging in so much capital expenditures and so much R&D, they can keep deferring taxes indefinitely.” Matt Garnder, @itep.org

Completely agree with @gabrielzucman.bsky.social here. Moreover, the US is undermining its own minimum tax as we speak, as I warned in this new oped. The OECD and its member states should consider that before making any concessions to the US. bsky.app/profile/zork...

My latest, with my @factcoalition.bsky.social colleague @thomasgeorges.bsky.social in @bloomberglaw.com, warns about the risk of unlegislated, unaccounted for, and likely unconstitutional tax cuts for big US corporations. news.bloomberglaw.com/banking-law/...

Unsurprising but still, a shame. As I told @senatebudget.bsky.social last year, tax evasion is a crime. And it's not a victimless crime: it hurts those of us who play by the rules, leading to ballooning budget deficits, higher taxes, less public investment in health, energy, other shared priorities.

A decade of reforms promised to curb financial secrecy, but have they delivered? Dive into the debate at our transparency conference. 2 days of engaging academic & policy discussions, featuring a keynote by Pascal Saint-Amans. 🗓️3–4 Feb 📍@pse.bsky.social Sign up: www.eventbrite.com/e/from-secre...

I'm excited to share that I've been included in the "Global Tax 50", the International Tax Review's list of "50 individuals who exerted the most influence on tax during 2025 – for better or worse". Read more and find the other winners here - www.internationaltaxreview.com/article/2fo1...

What will it mean for the US and the world as America’s crony capitalism looks more and more like the corruption of the so-called “shithole” countries Trump claims to abhor? 👇

"Bribery, whether domestic or foreign, erodes public trust, destabilizes fair competition and creates the very conditions in which other criminal activity flourishes." Todd Blanche Great that DOJ wants to be tough on corruption! So POTUS will stop pardoning people convicted of corruption, right?

Apparently the Trump Administration thinks the trillions they spent on tax cuts for the wealthy wasn't enough. Now they're planning another huge tax windfall for the biggest corporations in the country. @warren.senate.gov and I are leading the charge against this. rollcall.com/2025/12/04/d...

Truth: US corporations aren't uncompetitive, nor were they uncompetitive before the 2017 tax cuts. Continuing and expanding the tax cuts doesn't make American companies more competitive, but just makes their oligarch owners richer.

Corporate profit shifting and tax dodging in the spotlight during Congressional hearing. Read the FACT Coalition's input and more in our latest newsletter. thefactcoalition.org/just-the-fac...

📺Important #tax argument cutting through @kclausing.bsky.social's wider testimony on #tariffs - our nation's tax code favors foreign income earned by big multinationals over domestic businesses. "This is a systematic problem through which our tax code is encouraging market concentration.”

Yesterday’s pardon of former Honduran President Hernández — convicted for trafficking more than 400 tons of cocaine into the U.S. — proves how hollow Donald Trump’s supposed concern for American families ruined by drugs really is. paulkrugman.substack.com/p/trump-pro-...

“It is quite obvious that if an incentive is retroactive, it is not actually an effective incentive. You cannot change what a company did in the past, so that half-year of retroactive effect of the provision is just a windfall to companies.” Tax common sense from Steve Wamhoff @itep.org

Corporate tax policy isn’t all about global competitiveness! It’s also about stopping tax avoidance via profit shifting to tax havens. Very important point from @beyer.house.gov in @waysmeanscmte.bsky.social international tax hearing just now.

FACT submitted comments ahead of today's House hearing on the U.S. international corporate tax system. As the administration pursues tariffs in the name of repatriating American jobs, our tax code actively rewards offshoring. Read the full comment here: thefactcoalition.org/fact-submits...

Giving Tuesday - Help us protect hard-won anti-corruption reforms and end wasteful corporate tax breaks. secure.givelively.org/donate/fund-... @factcoalition.bsky.social

Excellent analysis from @taxlawcenter.org team outlining legal and revenue loss risks associated with the Treasury's gradual erosion of the corporate alternative minimum tax. I'll add: this also puts the US further out of line with globally agreed minimum tax standards.

Yes. Abolish the presidential pardon power. Today I was called to jury duty, and was moved by the sacrifice of ordinary Americans from all walks of life who take time from working and care obligations, to serve. It is wrong for any one person to override all of that with the stroke of a pen.

🚨 Save the Date! Don’t miss our joint conference with @skatteforsk.bsky.social: From Secrecy to Transparency: The End of Hidden Wealth? 🗓️ 3-4 Feb 2026 📍 @pse.bsky.social Explore how global reforms, beneficial ownership registries & data sharing impact offshore tax evasion and financial secrecy.

New OECD data, just out today: For the third year running, the average global corporate tax rate *increased* - and more countries now *raise* than lower their corporate taxes. This follows the adoption of the global minimum tax and essentially reverses four decades of racing to the bottom.

Justice has been served, quite literally. His trail of unpaid bills, fines, and taxes appear to have caught up to him. Friendly reminder that Sen. Jim Justice voted to defund the IRS when he voted for Trump’s budget this year: www.washingtonpost.com/politics/202...

So Jim Justice is one of the wealthiest people in the country. And in 2021, we wrote a story about how almost never paid taxes www.propublica.org/article/how-...

A new report from @oilchange.bsky.social finds that the US govt gives the #FossilFuel industry a handout of $34.8 BILLION dollars in subsidies every year — even as everyday people struggle with the cost of living and the climate crisis grows worse & worse. Read more: oilchange.org/publications...

My new opinion piece in @devex.com today. Tax transparency can fuel the fight against climate change. @factcoalition.bsky.social www.devex.com/news/tax-tra...

New from me: The corporate tax cuts from this year's law are running into a roadblock -- the 2022 corporate minimum tax. Companies (Meta, Qualcomm) are disclosing billions of dollars in tax breaks they can't use. And there's pressure on Treasury to ease the rules. www.wsj.com/politics/pol...

US government lawyers who are working so hard to make sure millions of poor people starve (even though the law says we should help them): how do you sleep at night???

This is a very good tax take on Mamdani.

With the Supreme Court set to hear oral arguments on tariffs today, a reminder that our tax code still gives breaks to companies for moving profits+jobs overseas. If we're serious about ending offshoring, these America-last policies must end. thefactcoalition.org/tariffs-manu...

“US hasn’t engaged in international tax community as it should. MNCs should want the US to be in those rooms. US should be a leader, as we were on FATCA, a powerful moment of international tax collaboration. That wasn’t that long ago. We can get that back.” 👏 Danny Werfel at @taxnotes.com conference

Making multinationals publicly disclose country-by-country reports would boost tax revenues and curb abuse. The UN Framework Convention offers a chance to establish public reporting as a unified standard. @icrict.bsky.social #UNtaxConvention #TaxJustice2025 bit.ly/taxjustice25

Thanks @mindthegaap.bsky.social, @itep.org for kind words about our new @factcoalition.bsky.social report. And the Oscar for best take on an obscure oil tax break: "This is roughly the equivalent of the IRS letting you count your parking tickets as an income tax payment." itep.org/oil-gas-comp...

Trump is giving lots of money away to his billionaire buddies but it’s nice to see that the corporate minimum tax is taking a little bite back from Meta for the rest of us.

"Meta’s recent earnings report is an important reminder that despite the Trump administration’s efforts, important reforms put in place by the Biden administration are preventing the worst abuses of our corporate tax laws."

"Truly self-destructive, offering none of the nationalist upside but all of the global downside." New @opinion.bloomberg.com @markgongloff.bsky.social column on the absurd oil subsidies handed out by the U.S. highlighted in the new @factcoalition.bsky.social report. www.bloomberg.com/opinion/arti...

Back in July, we @factcoalition.bsky.social described the big tax bill as a $170B tax cut for big multinational corporations. It now turns out, it's actually even more gigantic: a whopping $276 BILLION tax cut.

Giving $7.5B in tax breaks to oil companies to pump overseas offers all of the global downside & none of the (bogus) domestic upside of oil subsidies. Truly self-destructive Gift link to my column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

Latest tariff news is of a pattern with private donations for the WH ballroom, seizing a stake in Intel and the politicization at IRS. Trump is trying to replace the legislated system of taxation for revenue with an arbitrary, personal system of state exactions.

Great coverage from @barrons.com of our new report, which finds that loopholes and subsidies in the U.S. tax code encourage companies to drill overseas. The loopholes that allow this must end, for the sake of our climate, health, and economy. www.barrons.com/news/us-oil-...

"To address climate change, economic equity and fairness, and funding the social programs, we must repeal all the special tax breaks the oil and gas sector receives and ensure that they are paying tax rates [equal] with what they are paying globally.” - @erichpica.bsky.social of @foeus.bsky.social