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"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."

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

Right Problems, Wrong Solutions: Fair Share responds to Paul Ryan's tax reform push

In response to House Speaker Paul Ryan's renewed push, rolled out on Tuesday, June 20, around tax reform, Fair Share's Nathan Proctor said:

"There is a lot to the conversation about tax reform where there is broad agreement. Paul Ryan says we need to prevent offshoring, and we agree. He talks about getting rid of loopholes to make the tax code fairer, and we agree. He talks about shoring America up in anxious times, and we agree. But instead of closing loopholes, the plans we've seen would create new, bigger loopholes ...

Among Trump proposed cuts, $193 billion from food assistance

On Tuesday, May 23, the Trump administration revealed its budget recommendations. The budget included deep cuts to many critical programs, and Fair Share was especially disturbed to see $193 billion in cuts over the next 10 years to the SNAP (Supplemental Nutrition Assistance Program) also known as food stamps.

"This is America. No one should have to go hungry, we have the resources to make sure of that," noted Fair Share's Nathan Proctor. "The SNAP program works, and helps stabilize people going through a hard time and has a lot of support in Congress."

Interestingly enough, others in the

Trump Tax Reform Ignores Worst Problem in Tax Code

Our comments on the much anticipated tax reform plan:

"Already, our loophole-ridden corporate tax code is rigged for big companies and their armies of tax lawyers. Not only does this plan do nothing about the worst part of our tax code -- that it rewards hiding profits offshore -- it makes it worse ... "

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