On his first day back in office in January 2025, Donald Trump pulled the US out of an international crackdown on offshore tax dodging. Here is what has happened since then: https://t.co/SmMB3V0Z3a
It amuses me that MAGA think their attack line on AOC going forward can be 'she's just a bartender' or she's 'dumb' when I can't think of a single MAGA congressman who could speak like this, for two minutes, on this topic, at an international forum like Munich. Not one.
NEW: The Treasury Department is preparing to release a corporate tax workaround that would deliver big tax savings to companies including Salesforce and Qualcomm. The change would let companies deduct old R&D investments without triggering the 15% corporate minimum tax.
Per @WillSammon, the Mets and Jorge Polanco are in agreement on a contract. @JeffPassan reports that the deal is for two years and $40 million.
Polanco, 32, hit .265 with 26 home runs for the Mariners last season.
My latest, with my @FACTCoalition colleague @ThomasGeorgesTH in @BLaw, warning about the risk of unlegislated, unaccounted for, and likely unconstitutional tax cuts for big US corporations.
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https://t.co/cQkL7wxB3L
I'm quoted in the latest @LaurenLoricchio + @ChandraSWallace@TaxNotes investigation of the "offshore" life insurance industry, which found a Russian oligarch with a $430 million policy:
ICYMI: Our latest @taxnotes investigation examines how Switzerland's largest life insurance company arranged private placement life insurance policies for Russian oligarchs. The story is based on leaked documents obtained by @ICIJorg
Read it for free: https://t.co/SGWB8cgVSs
Great segment on our investigation into how US battery manufacturers increasingly relying on lead recycled in Nigeria, poisoning entire villages. In partnership with @examinationnews
The richest 100 Americans gave $1.1B to the 2024 election. For comparison, between 2000 and 2010, they spent an average of $21 million on federal elections.
We don’t have to accept oligarchy as normal. New in @washingtonpost:
https://t.co/ukRbOw5HrM
The admin is quietly rewriting the tax code—giving billions in breaks to private equity, crypto, insurance, and energy firms by hollowing out the 15% corporate minimum tax.
More tax cuts for the rich is the last thing working families need.
@JesseDrucker https://t.co/Nc8rR7JIa6
Lead can be recycled cleanly, but automakers like Ford and GM source batteries made by companies that use lead from unsafe factories overseas. Our investigation with @nytimes shows how car battery recycling is poisoning a community in Nigeria. https://t.co/npqJhkPKfR
4/ We've been working on this investigation for a year with an extraordinary reporting partner, @WillFitzgibbon at @examinationnews. Between us, we took several trips to Nigeria, and unraveled the supply chain in the US -- from the Baltimore, to an auto battery factory in Penn