Updates

Tell your governor: It's fair to repair

If we own items, we should be able to fix them. We shouldn’t be forced into throwing away devices that could be fixed, refurbished or salvaged. And we should be able to take our stuff to any repair shop we want, including small, local businesses. It's key to a sustainable and fair economy. Join us in taking action to support fair repair. 

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NewEconomy

As opioid crisis evolves, anonymous company loopholes remain a gap

What's changed since our 2016 report, "Anonymity Overdose," and what hasn’t Our 2016 report, Anonymity Overdose, charted the connection between the opioid epidemic and the problem of anonymous shell companies. As Congress ramps up funding for the national response to this crisis (though not at the levels some had hoped for), we wanted to provide an update on how the opioid trafficking operations are changing, and why ending anonymous shell companies is still an incredibly low-cost, bipartisan approach to help take on the opioid crisis.

"Paradise for Tax Dodgers" -- Our Response To Tax Bills Passage

"This bill does nothing to help build an economy that works for people -- and instead rewards tax dodging companies. Though the proponents say that it would improve take home pay and boost economic growth, economists say that simply isn’t true."
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Tax
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Paradise Papers Expose Credibility Problem With Tax Reform

Our statement on the release of the Paradise Papers, a leak of documents that shine a light on tax haven abuse and tax dodging: Paradise Papers reveal many of the complicated schemes multinationals use to game the system when it comes to tax. The Republicans claim their bill fixes these problems, but now we can see that many of the most influential policy voices on this bill are experts at exploiting offshore shell games. We must allow more time to analyze the impact of provisions around offshore tax dodging to be reviewed by the public and public interest advocates. We cannot accept these new provisions, written behind closed doors by the very people we are trying to hold accountable in the tax code, without that analysis.

Expensive tax cut bill fails fairness test

On 11/2, a draft version from Congress' Ways and Means Committee to make significant changes to the U.S. tax system. Here's our take: 

Our tax code is clearly in need of a serious overhaul, but, to me, this falls short of a serious effort. 

There is broad agreement that we need to level the playing field on corporate taxes. Currently corporate tax loopholes allow companies to stash money offshore, meaning that bigger businesses have distinct advantages over their smaller wholly domestic competitors. 

But this legislation as drafted would not end this practice and continue to reward

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Tax
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