April 6, 2016 11:45 AM | Permalink | For Immediate Release: Wednesday, April 6, 2016 Contact: Jenice R. Robinson, 202.299.1066 x 29, Jenice@ctj.org Pfizer Inversion Failure Is an Example of What Happens When Elected Officials Stand up to Special Interests Following is a statement by Robert McIntyre, director of Citizens for Tax Justice, regarding Pfizer Corp.’s […]
April 5, 2016 11:42 AM | Permalink | For Immediate Release: Tuesday, April 5, 2016 Contact: Jenice R. Robinson, 202.299.1066 X29, Jenice@ctj.org New Treasury Regulations Are Critical, But Not Sufficient to Stop Inversions Following is a statement by Robert S. McIntyre, director of Citizens for Tax Justice, regarding the Treasury Department’s proposed new regulations to […]
March 23, 2016 01:30 PM | Permalink | Read this letter in PDF. Dear Secretary Lew: We urge the Department of Treasury to take all action within its authority to curb the ability of corporations to avoid taxes by engaging in corporate inversions. Specifically, we believe that Treasury could take further steps to curb inversions […]
March 17, 2016 10:45 AM | Permalink | Read this report in PDF. Tax Plan Targets Biggest Tax Cuts for the Best-off Americans An updated Citizens for Tax Justice analysis of presidential candidate Donald Trump’s tax plan reveals that it would add $12.0 trillion to the national debt over a decade. More than one-third of […]
March 16, 2016 11:07 AM | Permalink | Read this report in PDF. A new Citizens for Tax Justice analysis of presidential candidate Senator Ted Cruz’s tax plan reveals that it would add $13.9 trillion to the national debt over a decade. Despite proposing the largest tax cut of any candidate, Cruz’s tax plan would […]
March 9, 2016 11:20 AM | Permalink | Read this report in PDF. For all of the candidates running for president one thing should be clear: years of tax cuts have put our country on a precarious fiscal trajectory. According to the Congressional Budget Office (CBO), the federal government faces an $8.6 trillion cumulative budget […]
March 9, 2016 11:04 AM | Permalink | For Immediate Release: Wednesday, March 9, 2016 Contact: Jenice R. Robinson, 202.299.1066 X29, Jenice@ctj.org New Analysis: Paying for GOP Tax Plans Would Wipe Out Income Gains for Most Americans (Washington, D.C.) When the tax and spending implications of GOP tax plans are considered, the vast majority of […]
March 4, 2016 09:00 AM | Permalink | They May Be Avoiding up to $695 Billion in U.S. Taxes Read this report in PDF (Includes Company by Company Appendixies) It’s been well documented that major U.S. multinational corporations are stockpiling profits offshore to avoid U.S. taxes. Congressional hearings over the past few years have raised […]
February 16, 2016 12:37 PM | Permalink | Apple, Microsoft, Citigroup, Amgen And Six Other Tax Avoiders Would See Even Bigger Tax Breaks Under Republican Alternative Plan Read Report as a PDF. Earlier this week, President Barack Obama released details of his proposed federal budget for the fiscal year ending in 2017. The proposal includes […]
February 11, 2016 03:25 PM | Permalink | Read Report as a PDF. Earlier this week, President Barack Obama released details of his proposed federal budget for the fiscal year ending in 2017. While many cynical observers and some members of Congress immediately derided the budget blueprint as an irrelevant exercise in political theatre, the […]
February 8, 2016 02:55 PM | Permalink | Read Report as a PDF. Read Report as a PDF. A new analysis by Citizens for Tax Justice of presidential candidate Bernie Sanders’ recently released “Medicare for All” tax plan finds that Sanders’ health-related taxes would raise an estimated $13 trillion over 10 years. The analysis also […]
February 8, 2016 02:43 PM | Permalink | A new analysis by Citizens for Tax Justice of presidential candidate Bernie Sanders’ recently released “Medicare for All” tax plan finds that Sanders’ health-related taxes would raise an estimated $13 trillion over 10 years. The analysis also finds that the plan would raise average after-tax incomes for […]
February 8, 2016 12:12 PM | Permalink | For Immediate Release: Monday, February 8, 2016 Contact: Jenice R. Robinson, 202.299.1066 X29, Jenice@ctj.org (Washington, D.C.) A new analysis of Sen. Bernie Sanders’ tax plan finds that it would increase federal revenue by $13 trillion over a decade, while increasing after-tax income for all groups except the […]
January 12, 2016 06:03 PM | Permalink | For Immediate Release: Tuesday, January 12, 2015 Contact: Jenice R. Robinson, 202.299.1066 X29, Jenice@ctj.org Following is a statement by Bob McIntyre, director of Citizens for Tax Justice, on Hillary Clinton’s new plan to increase taxes on wealthy individuals. “For decades, the wealthy have used their clout to create […]
January 6, 2016 10:13 AM | Permalink | Read Report as a PDF. A Citizens for Tax Justice (CTJ) analysis of presidential candidate Ben Carson’s recently released flat tax plan finds that it would cost an estimated $9.6 trillion over 10 years. The candidate’s proposal would have to be paired with $9.6 trillion in spending […]
December 17, 2015 01:48 PM | Permalink | Read Report as a PDF. Late Tuesday, congressional leaders announced the details of a $680 billion tax cut deal that will be up for a vote in the House and Senate over the next couple days. While there are some worthwhile provisions in the package, they come […]
December 16, 2015 10:56 AM | Permalink | For Immediate Release: Wednesday, December 16, 2015 Contact: Jenice R. Robinson, 202.299.1066, Jenice@ctj.org Kelly Davis, 262-472-0578, kelly@ctj.org Following is a statement by Bob McIntyre, director of Citizens for Tax Justice, regarding the announcement of $680 billion tax cut package (split between the extenders and omnibus bills) to be considered […]
December 15, 2015 03:09 PM | Permalink | Democrats Republicans Hillary Clinton Donald Trump Dropped Out Lincoln Chafee Ted Cruz John Kasich Jim Webb Marco Rubio Chris Christie Martin O’Malley Ben Carson Jeb Bush Bernie Sanders Rick Santorum George Pataki Rand Paul Bobby Jindal Mike Huckabee Lindsey […]
November 23, 2015 01:50 PM | Permalink | Read Report as a PDF. Congress is likely to consider a package of legislation primarily made up of tax breaks for business, known as the “tax extenders.” The cost of passing the tax extenders for two years would be nearly $97 billion according to the Joint Committee […]
November 23, 2015 01:15 PM | Permalink | Many of the most costly tax extenders should be reformed or remain expired Read Report as a PDF. Year after year, Congress has renewed a package of temporary tax provisions known as the “tax extenders.” Nearly all of them should be substantially curtailed or allowed to remain […]
November 3, 2015 01:38 PM | Permalink | Update March 9th, 2016: Click here or scroll down to see a new addendum showing the cost of Rubio’s tax plan with alternative assumptions regarding his proposed refundable credit and his treatment of personal exemptions. Read Report as a PDF. A new Citizens for Tax Justice analysis of Marco […]
October 28, 2015 02:03 PM | Permalink | Bush’s Tax Plan Turns Populism on Its Head Read Report as a PDF. A Citizens for Tax Justice analysis of Jeb Bush’s tax plan reveals that it would cut taxes by $7.1 trillion[i] over a decade, and it would give almost half of its tax cuts to […]
October 27, 2015 02:27 PM | Permalink | Raise Revenue, Enhance Fairness, Stop Corporate Tax Avoidance (Read the updated 2016 version of this report here.) Read the report as a PDF. There is widespread agreement in the halls of Congress and among the American people that the U.S. tax system desperately needs reform. Yet some proposed […]
October 5, 2015 03:12 PM | Permalink | The Use of Offshore Tax Havens by Fortune 500 Companies Read this report in PDF. Download Dataset/Appendix (XLS) Executive Summary Introduction Most of America’s Largest Corporations Maintain Subsidiaries in Offshore Tax Havens Cash Booked Offshore for Tax Purposes by U.S. Multinationals Doubled between 2008 and 2013 Evidence Indicates Much […]
September 28, 2015 04:24 PM | Permalink | (Click here for new more comprehesive analysis) Tax Plan Reserves Biggest Tax Cuts for the Best-off Americans Read the report as a PDF. Earlier today, presidential candidate Donald Trump outlined his plan to restructure personal and corporate income taxes. A new Citizens for Tax Justice analysis of […]