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Study: Offshore Corporate Cash Stockpile Up to $2.5 Trillion

73% of Fortune 500 Companies used tax havens in 2015, dodging $717.8 billion in federal taxes in the process.

A new report, "Offshore Shell Games," by the U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy details how these companies hoard cash offshore. Collectively, multinationals reported booking $2.5 trillion offshore, with just 30 companies accounting for 66 percent of this total.

The cost to the tax payer is huge, with nearly $718 billion in dodged taxes.

There is a real cost to our communities when we allow a set of companies to play

We need to look into EpiPen

The makers of EpiPen testified in front of Congress -- and it was an epic fail.

They failed to justify their 500% price increase, their 600% increase in executive pay, or their tax-dodging move of corporate offices to the Netherlands.1

Join our campaign to tell the FTC to investigate Mylan for price-gouging and anti-competitive behavior.

Since acquiring the product in 2007, Mylan has raised the price of an EpiPen two-pack from a little over $90 to more than $600.2

Imagine you’re the parent of a child who suffers severe allergic reactions. You depend on the EpiPen to keep your child safe.

The “Child Care Dance” and why we need reform

Post by Chloe Sasson

“We thought we were doing everything right,” said Jenny, a young mom and Fair Share supporter. “We thought we were so ahead of things, we had even started a college fund, but … no one told us what we needed was a child care savings fund!”

Few things compare to the joy of seeing your kid learn, grow and succeed. And few things compare to the amount of work and sacrifice of parenting young children.

And while young parents like Jenny try to prepare for parenthood, the challenges of arranging and paying for trustworthy child care (which averages nearly a fifth of

Anonymity Overdose - How our opioid crisis and shell companies are linked

Aug. 1, 2016 -- Opioid deaths now exceed those from motor vehicle accidents. It's clear we need to do more. Fair Share Education Fund's latest report, “Anonymity Overdose,” connects opioid trafficking and the subsequent crisis with the activities of anonymous shell companies – companies formed with no way of knowing who is actually in charge. Because they shield the owners from accountability, anonymous shell companies are a common tool for disguising criminal activity and laundering money, and are also at heart of the Panama Papers.

“Anonymity Overdose” found 10 case studies that show the

A step backward in the fight against child hunger

As it currently stands, the Child Nutrition Act reauthorization bill (HR 5003), significantly undermines progress in addressing the problem of childhood hunger in America.

When kids are hungry, they struggle to learn. When kids don't learn, they struggle in life. Still, 16 million American kids are at risk of going hungry every day. That’s 1 out of every 5 kids. We can and we must do better.

But the legislation the Education and Workforce advanced on May 18 will make the issue worse.

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