Thomas Georges

Upstate-NY Native, D.C. Resident
Policy Officer @FACTCoalition

[FACT Coalition @FACTCoalition]

The current corporate tax code that encourages offshore tax avoidance isn't "America-first," it's "Corporations-first, Americans-last"

FACT policy director @ZorkaMilin speaking now at @USProgressives's shadow hearing on tax policy reforms to end corporate greed.

[Frank Russo @Frusso15]

Grateful to @NDAAJustice and law enforcement leaders nationwide for their continued support of the Corporate Transparency Act — a critical tool to expose illicit networks, protect our financial system, and strengthen public safety in communities across the country. @FACTCoalition

[Zorka Milin @ZorkaMilin]

Tax Day op-ed by Jeff Bezos-owned WaPo parrots a familiar line we've heard from tax-dodging companies: "we're just following the law."
What they don't tell you: all too often, they ghostwrite the tax law.
Memo to @wapo: less tax punditry and more smart tax reporting, please!

[Zorka Milin @ZorkaMilin]

Big American corporations are reaping billions in tax savings from tax havens. But don't blame the tax havens: blame the US tax code for being too weak to stop this.
Our latest @FACTCoalition analysis of newly-required corporate tax disclosures:
https://t.co/UViIqPmdlF

[FACT Coalition @FACTCoalition]

New #tax disclosure requirements are reaffirming what FACT has long argued: that the U.S. tax code continues to encourage America’s largest companies to stash profits in tax havens.

Read the full analysis from FACT's @ThomasGeorgesTH and @ZorkaMilin here: https://t.co/1ubdMozF7p

[FACT Coalition @FACTCoalition]

The first round of new #tax disclosures from big American companies represents the culmination of nearly a decade of advocacy by investors, FACT, and others.

Read FACT's top takeaways from the new disclosures here: https://t.co/XspVjuLXrR

[Zorka Milin @ZorkaMilin]

"American taxpayers are effectively subsidizing oil drilling abroad, including in authoritarian regimes.... This isn't just bad tax policy; it's a raw deal for working families who are picking up the slack at home." @Ianpgary

[FACT Coalition @FACTCoalition]

You still have time to register for the launch of our new report! Our amazing panelists will discuss how to more effectively tax oil and gas profits, and the impact of fossil fuel subsidies on revenues, climate, public health, and more.

https://t.co/rZEs4pwcSz

[FACT Coalition @FACTCoalition]

“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 commensurate with what they are paying globally.” -@erichpica of @foe_us

[Tax Justice Network Bsky: @taxjustice.net @TaxJusticeNet]

“The fossil fuel industry is still being rewarded for driving the climate crisis. We must end fossil fuel tax subsidies, reform international tax rules, & strengthen transparency. Our opponents are powerful — we can’t afford to be divided.” @ZorkaMilin @FACTCoalition

[FACT Coalition @FACTCoalition]

The US tax code not only subsidizes oil and gas here at home, but also - and especially - drilling abroad.

RSVP for the launch of FACT's new report calling for the end of all tax subsidies for oil and gas production, and especially for drilling abroad. https://t.co/rZEs4pvF31

[FACT Coalition @FACTCoalition]

This Thursday, join FACT for the hybrid launch of our new report analyzing the financial disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of subsidies for offshore drilling. Register now:
https://t.co/rZEs4pwcSz

[Zorka Milin @ZorkaMilin]

Important hearing in Brussels today on Trump's international tax policies #TaxTwitter

Opens with a crucial reminder from @benjaminangelEU tracing the origin of P2 to a US request during 1st Trump term for other countries also to adopt minimum taxes after US intro'd GILTI in 2017

[FACT Coalition @FACTCoalition]

As both a major destination for laundered gold and a central node in global finance, the United States holds powerful tools to disrupt illicit gold networks in the Amazon. Read @JYansura and @IsidoroHazbun's new report to learn more.

https://t.co/JIgSX2wnrX

[FACT Coalition @FACTCoalition]

ICYMI:
-FACT reacts to Treasury's delayed implementation of a landmark AML rule,
-The Art Market Integrity Act is introduced, and
-@ZorkaMilin and @ThomasGeorgesTH break down the international corporate provisions of the budget megabill.

https://t.co/MDzDCT9EjA

[Patrick Driessen @pdriessentax]

Before 2025, use of present law baselines provided consistency in counterfactuals. With OBBBA, that is so over.

Here's a reader-beware example of baseline divergence in showing OBBBA's international tax provisions, comparing a @FACTCoalition thing to an article in @taxnotes.1/3

[FACT Coalition @FACTCoalition]

The new tax megabill is "an enormous missed opportunity to enact commonsense, revenue-raising international tax reforms and end tax incentives for offshoring."

Read FACT's section-by-section analysis of the international corporate provisions here: https://t.co/KgGwu3uRk6

[Zorka Milin @ZorkaMilin]

Read our latest newsletter to catch up on the big tax bill, UN developments, and more:

[FACT Coalition @FACTCoalition]

In the latest FACT Newsletter: - @ZorkaMilin and @ThomasGeorgesTH highlight the connection between the recent worldwide tariff rollout and US corporate tax policy - FACT is cited by several news outlets - @JYansura represents FACT at a @GI_TOC conference.
https://t.co/gM86ibsMr2

[FACT Coalition @FACTCoalition]

A new blog from FACT policy fellow @IsidoroHazbun outlines how gold has transformed into a powerful financial weapon for criminal groups to sustain and expand their operations. Read more here:
https://t.co/bTGCFckd7S