Tax

News Release | Arizona PIRG | Tax

U.S. House Passes Legislation to Close Tax Loopholes, Keep Jobs in the U.S.

This Friday, the U.S. House of Representatives passed the "American Jobs and Closing Tax Loopholes Act," by a vote of 215 - 204. The Act, voted on in two parts, will curtail tax avoidance by multi-national corporations and lessen the incentive to move jobs overseas.

Report | Arizona PIRG Education Fund | Tax

Tax Shell Game 2010

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.  Many corporations operating in the United States funnel money through offshore tax havens in order to avoid paying billions in U.S. taxes. In fact, an independent study found that nearly two-thirds of corporations pay no taxes at all.

News Release | Arizona PIRG Education Fund | Tax

Taxpayers Footing a $100 Billion Bill for Tax Dodgers

While a lot of attention is given on Tax Day to how tax dollars are spent, the Arizona PIRG Education Fund is instead focused on the $100 billion in revenue lost every year due to loopholes, tax avoidance and tax cheats.

News Release | Arizona PIRG Education Fund | Tax

Report Recommends Closure of Off-Shore Tax Havens for Corporate America

According to Tax Shell Game, a new report released today by the Arizona PIRG Education Fund, major U.S. corporations avoid as much as $100 billion a year in federal taxes by hiding profits in foreign countries.

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