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ABOUT | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice, founded in 1979, is a 501 (c) (4) advocacy organization focusing on federal, state and local tax policies and their impact upon our nation. Goal: CTJ works to ensure working people have a voice in the development of our nation’s tax policies. Against the armies of special interest lobbyists for corporations andthe
DONATE | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice. 1200 18th St NW, Suite 675. Washington, DC 20036. Or contact us for alternate payment methods: Phone: 202-299-1066. Fax: 202-299-1065. e-mail: info@ctj.org. If you prefer to make a tax-deductible donation, consider contributing to our research partner, The Institute on Taxation and Economic Policy.OUR PRINCIPLES
The core principles of our work include: Creating a more progressive federal tax system, including taxing investment gains the same as income earned from work, strengthening the estate tax, establishing a wealth tax and eliminating loopholes that allow profitable corporations to dramatically reduce or altogether eliminate their taxobligations.
CORPORATE SUBSIDY TRACKER Subsidy Tracker is the first national search engine for economic development subsidies and other forms of government financial assistance to business. With the introduction of Subsidy Tracker 2, users also can see how much state or community dollars are spent on economic development tax breaks. Subsidy Tracker. Good Jobs First. FACT SHEET: WHY WE NEED THE CORPORATE INCOME TAX Third, the corporate income tax is ultimately borne by shareholders and therefore is a very progressive tax, which means any attempt to replace it with another tax would likely result in a less progressive tax system. 1. Without a Corporate Income Tax, Retained Profits Would Not Be Taxed. As a Result, High-Income People Could Defer Paying AMERICAN BILLIONAIRES BY THE NUMBERS American Billionaires By the Numbers. A new website is using Forbes’ billionaires data to provide insights into growing wealth inequality, tracking the real-time net worth of U.S. billionaires by state and their growing political influence. U.S. billionaires have continued to amass exorbitant amounts of wealth even as millions of people are PUERTO RICO AND SECTION 936: A TAXING LESSON FROM HISTORY Also known as the Possession Tax Credit, Section 936 was a provision in our tax code enacted in 1976 ostensibly to encourage business investment in Puerto Rico and other U.S. possessions. Congress voted to phase out Section 936 in 1996, citing excessive cost and the very limited number of U.S. companies that received the tax break. In 2006,the
FACEBOOK’S MULTI-BILLION DOLLAR TAX BREAK: EXECUTIVE-PAY The tax benefits realized from share-based award activity of $1.03 billion related to both the reduction of current year income tax liabilities and the expected refund of $451 million from income tax loss carrrybacks to 2010 and 2011.” | CITIZENS FOR TAX JUSTICE MOBILIZE. Together, working people can stand up to special interests and demand a fair, sustainable tax system. Today we need to speak up and demand adequate relief from this recession, smart policy to combat this virus, and visionary leadership to help us emerge not the same, but better than we were before. - Amy Hanauer, Executive Director. RESOURCES | CITIZENS FOR TAX JUSTICE Why I’ve Joined the Fight for Tax Justice: Amy Hanauer. As the incoming executive director of the Institute on Taxation and Economic Policy and its sister organization Citizens for Tax Justice, I’m joining a phenomenal team that analyzes and makes policyrecommendations to
ABOUT | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice, founded in 1979, is a 501 (c) (4) advocacy organization focusing on federal, state and local tax policies and their impact upon our nation. Goal: CTJ works to ensure working people have a voice in the development of our nation’s tax policies. Against the armies of special interest lobbyists for corporations andthe
DONATE | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice. 1200 18th St NW, Suite 675. Washington, DC 20036. Or contact us for alternate payment methods: Phone: 202-299-1066. Fax: 202-299-1065. e-mail: info@ctj.org. If you prefer to make a tax-deductible donation, consider contributing to our research partner, The Institute on Taxation and Economic Policy.OUR PRINCIPLES
The core principles of our work include: Creating a more progressive federal tax system, including taxing investment gains the same as income earned from work, strengthening the estate tax, establishing a wealth tax and eliminating loopholes that allow profitable corporations to dramatically reduce or altogether eliminate their taxobligations.
CORPORATE SUBSIDY TRACKER Subsidy Tracker is the first national search engine for economic development subsidies and other forms of government financial assistance to business. With the introduction of Subsidy Tracker 2, users also can see how much state or community dollars are spent on economic development tax breaks. Subsidy Tracker. Good Jobs First. FACT SHEET: WHY WE NEED THE CORPORATE INCOME TAX Third, the corporate income tax is ultimately borne by shareholders and therefore is a very progressive tax, which means any attempt to replace it with another tax would likely result in a less progressive tax system. 1. Without a Corporate Income Tax, Retained Profits Would Not Be Taxed. As a Result, High-Income People Could Defer Paying AMERICAN BILLIONAIRES BY THE NUMBERS American Billionaires By the Numbers. A new website is using Forbes’ billionaires data to provide insights into growing wealth inequality, tracking the real-time net worth of U.S. billionaires by state and their growing political influence. U.S. billionaires have continued to amass exorbitant amounts of wealth even as millions of people are PUERTO RICO AND SECTION 936: A TAXING LESSON FROM HISTORY Also known as the Possession Tax Credit, Section 936 was a provision in our tax code enacted in 1976 ostensibly to encourage business investment in Puerto Rico and other U.S. possessions. Congress voted to phase out Section 936 in 1996, citing excessive cost and the very limited number of U.S. companies that received the tax break. In 2006,the
FACEBOOK’S MULTI-BILLION DOLLAR TAX BREAK: EXECUTIVE-PAY The tax benefits realized from share-based award activity of $1.03 billion related to both the reduction of current year income tax liabilities and the expected refund of $451 million from income tax loss carrrybacks to 2010 and 2011.” ABOUT | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice, founded in 1979, is a 501 (c) (4) advocacy organization focusing on federal, state and local tax policies and their impact upon our nation. Goal: CTJ works to ensure working people have a voice in the development of our nation’s tax policies. Against the armies of special interest lobbyists for corporations andthe
DONATE | CITIZENS FOR TAX JUSTICE Join the fight for tax justice! Your gift to Citizens for Tax Justice helps us advocate for a fair and sustainable tax syst em that provides resources for the essential services and programs —from education and healthcare to disaster response and infrastructure—that help our communities and economy thrive.. When special interest groups shape the tax debate, it leads to disinvestment and AMERICAN BILLIONAIRES BY THE NUMBERS American Billionaires By the Numbers. A new website is using Forbes’ billionaires data to provide insights into growing wealth inequality, tracking the real-time net worth of U.S. billionaires by state and their growing political influence. U.S. billionaires have continued to amass exorbitant amounts of wealth even as millions of people are THE DISTRIBUTIONAL AND REVENUE IMPACT OF DONALD TRUMP’S Revenue Impact. Trump’s revised tax proposal would reduce federal revenues by $4.8 trillion over the next decade. Of that, $2.1 trillion would be due to personal income tax and payroll tax cuts; $2.4 trillion would be due to corporate tax cuts, and another $0.3 trillion in revenue loss would be due to repeal of the federal estate tax. Itis
DONALD TRUMP’S TAX PLAN WOULD COST $12 TRILLION 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 these tax cuts, $4.4 trillion, would go to the top one percent of taxpayers. Trump’s tax cuts would have to be paired with $12 trillion inspending
HOW BILLIONAIRE JOHN MALONE DODGED $200 MILLION IN TAXES A story that made few waves earlier this week due to the focus on the election reminds me of Leona Helmsley’s infamous “only the little people pay taxes” comment. If you missed it, a Bloomberg report on Monday exposed billionaire John Malone, chairman of Liberty Global, as a world-class tax dodger.. The detailed story is jaw-dropping because Malone’s crafty maneuvers that allowed his TAX SUBSIDIES REWARD CORPORATE DOWNSIZERS Tax Subsidies Reward Corporate Downsizers. By all accounts, 1995 was a very good year for American business. According to the Commerce Department, corporate pretax profits jumped by 14 percent in 1995–to a record $600.8 billion. (1) Yet despite strong profits and a growing economy, American corporations laid off more than 400,000 workers FORTUNE 500 CORPORATIONS USED STOCK OPTION LOOPHOLE TO June 9, 2016 09:00 AM | Permalink | Apple & Facebook Biggest Beneficiaries. Read this report in PDF. One of the most egregious loopholes in the tax code, known as the stock option loophole, allows companies to deduct millions or billions from their taxable income for compensating executives in the form of stock options. OFFSHORE SHELL GAMES 2016 What is a Tax Haven? Tax havens have four identifying features. First, a tax haven is a jurisdiction with very low or nonexistent taxes. Second is the existence of laws that encourage financial secrecy and inhibit an effective exchange of information abouttaxpayers to
OFFSHORE SHELL GAMES 2015 These 30 companies with the most money offshore have booked $1.4 trillion overseas for tax purposes. Only 57 Fortune 500 companies disclose what they would expect to pay in U.S. taxes if these profits were not officially booked offshore. In total, these 57 companies would owe $184.4 billion in additional federal taxes. | CITIZENS FOR TAX JUSTICE MOBILIZE. Together, working people can stand up to special interests and demand a fair, sustainable tax system. Today we need to speak up and demand adequate relief from this recession, smart policy to combat this virus, and visionary leadership to help us emerge not the same, but better than we were before. - Amy Hanauer, Executive Director. RESOURCES | CITIZENS FOR TAX JUSTICE Why I’ve Joined the Fight for Tax Justice: Amy Hanauer. As the incoming executive director of the Institute on Taxation and Economic Policy and its sister organization Citizens for Tax Justice, I’m joining a phenomenal team that analyzes and makes policyrecommendations to
ABOUT | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice, founded in 1979, is a 501 (c) (4) advocacy organization focusing on federal, state and local tax policies and their impact upon our nation. Goal: CTJ works to ensure working people have a voice in the development of our nation’s tax policies. Against the armies of special interest lobbyists for corporations andthe
DONATE | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice. 1200 18th St NW, Suite 675. Washington, DC 20036. Or contact us for alternate payment methods: Phone: 202-299-1066. Fax: 202-299-1065. e-mail: info@ctj.org. If you prefer to make a tax-deductible donation, consider contributing to our research partner, The Institute on Taxation and Economic Policy.OUR PRINCIPLES
The core principles of our work include: Creating a more progressive federal tax system, including taxing investment gains the same as income earned from work, strengthening the estate tax, establishing a wealth tax and eliminating loopholes that allow profitable corporations to dramatically reduce or altogether eliminate their taxobligations.
CORPORATE SUBSIDY TRACKER Subsidy Tracker is the first national search engine for economic development subsidies and other forms of government financial assistance to business. With the introduction of Subsidy Tracker 2, users also can see how much state or community dollars are spent on economic development tax breaks. Subsidy Tracker. Good Jobs First. AMERICAN BILLIONAIRES BY THE NUMBERS American Billionaires By the Numbers. A new website is using Forbes’ billionaires data to provide insights into growing wealth inequality, tracking the real-time net worth of U.S. billionaires by state and their growing political influence. U.S. billionaires have continued to amass exorbitant amounts of wealth even as millions of people are FACT SHEET: WHY WE NEED THE CORPORATE INCOME TAX Third, the corporate income tax is ultimately borne by shareholders and therefore is a very progressive tax, which means any attempt to replace it with another tax would likely result in a less progressive tax system. 1. Without a Corporate Income Tax, Retained Profits Would Not Be Taxed. As a Result, High-Income People Could Defer Paying PUERTO RICO AND SECTION 936: A TAXING LESSON FROM HISTORY Also known as the Possession Tax Credit, Section 936 was a provision in our tax code enacted in 1976 ostensibly to encourage business investment in Puerto Rico and other U.S. possessions. Congress voted to phase out Section 936 in 1996, citing excessive cost and the very limited number of U.S. companies that received the tax break. In 2006,the
FACEBOOK’S MULTI-BILLION DOLLAR TAX BREAK: EXECUTIVE-PAY The tax benefits realized from share-based award activity of $1.03 billion related to both the reduction of current year income tax liabilities and the expected refund of $451 million from income tax loss carrrybacks to 2010 and 2011.” | CITIZENS FOR TAX JUSTICE MOBILIZE. Together, working people can stand up to special interests and demand a fair, sustainable tax system. Today we need to speak up and demand adequate relief from this recession, smart policy to combat this virus, and visionary leadership to help us emerge not the same, but better than we were before. - Amy Hanauer, Executive Director. RESOURCES | CITIZENS FOR TAX JUSTICE Why I’ve Joined the Fight for Tax Justice: Amy Hanauer. As the incoming executive director of the Institute on Taxation and Economic Policy and its sister organization Citizens for Tax Justice, I’m joining a phenomenal team that analyzes and makes policyrecommendations to
ABOUT | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice, founded in 1979, is a 501 (c) (4) advocacy organization focusing on federal, state and local tax policies and their impact upon our nation. Goal: CTJ works to ensure working people have a voice in the development of our nation’s tax policies. Against the armies of special interest lobbyists for corporations andthe
DONATE | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice. 1200 18th St NW, Suite 675. Washington, DC 20036. Or contact us for alternate payment methods: Phone: 202-299-1066. Fax: 202-299-1065. e-mail: info@ctj.org. If you prefer to make a tax-deductible donation, consider contributing to our research partner, The Institute on Taxation and Economic Policy.OUR PRINCIPLES
The core principles of our work include: Creating a more progressive federal tax system, including taxing investment gains the same as income earned from work, strengthening the estate tax, establishing a wealth tax and eliminating loopholes that allow profitable corporations to dramatically reduce or altogether eliminate their taxobligations.
CORPORATE SUBSIDY TRACKER Subsidy Tracker is the first national search engine for economic development subsidies and other forms of government financial assistance to business. With the introduction of Subsidy Tracker 2, users also can see how much state or community dollars are spent on economic development tax breaks. Subsidy Tracker. Good Jobs First. AMERICAN BILLIONAIRES BY THE NUMBERS American Billionaires By the Numbers. A new website is using Forbes’ billionaires data to provide insights into growing wealth inequality, tracking the real-time net worth of U.S. billionaires by state and their growing political influence. U.S. billionaires have continued to amass exorbitant amounts of wealth even as millions of people are FACT SHEET: WHY WE NEED THE CORPORATE INCOME TAX Third, the corporate income tax is ultimately borne by shareholders and therefore is a very progressive tax, which means any attempt to replace it with another tax would likely result in a less progressive tax system. 1. Without a Corporate Income Tax, Retained Profits Would Not Be Taxed. As a Result, High-Income People Could Defer Paying PUERTO RICO AND SECTION 936: A TAXING LESSON FROM HISTORY Also known as the Possession Tax Credit, Section 936 was a provision in our tax code enacted in 1976 ostensibly to encourage business investment in Puerto Rico and other U.S. possessions. Congress voted to phase out Section 936 in 1996, citing excessive cost and the very limited number of U.S. companies that received the tax break. In 2006,the
FACEBOOK’S MULTI-BILLION DOLLAR TAX BREAK: EXECUTIVE-PAY The tax benefits realized from share-based award activity of $1.03 billion related to both the reduction of current year income tax liabilities and the expected refund of $451 million from income tax loss carrrybacks to 2010 and 2011.” ABOUT | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice, founded in 1979, is a 501 (c) (4) advocacy organization focusing on federal, state and local tax policies and their impact upon our nation. Goal: CTJ works to ensure working people have a voice in the development of our nation’s tax policies. Against the armies of special interest lobbyists for corporations andthe
DONATE | CITIZENS FOR TAX JUSTICE Citizens for Tax Justice. 1200 18th St NW, Suite 675. Washington, DC 20036. Or contact us for alternate payment methods: Phone: 202-299-1066. Fax: 202-299-1065. e-mail: info@ctj.org. If you prefer to make a tax-deductible donation, consider contributing to our research partner, The Institute on Taxation and Economic Policy. COVID-19 TAX POLICY RESOURCES Lawmakers continue to examine how to respond to the continually evolving economic crisis, precipitated by COVID-19. Decisions made now will have short- and long-term implications for families, communities and state and local governments. AMERICAN BILLIONAIRES BY THE NUMBERS American Billionaires By the Numbers. A new website is using Forbes’ billionaires data to provide insights into growing wealth inequality, tracking the real-time net worth of U.S. billionaires by state and their growing political influence. U.S. billionaires have continued to amass exorbitant amounts of wealth even as millions of people are DONALD TRUMP’S TAX PLAN WOULD COST $12 TRILLION 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 these tax cuts, $4.4 trillion, would go to the top one percent of taxpayers. Trump’s tax cuts would have to be paired with $12 trillion inspending
HOW BILLIONAIRE JOHN MALONE DODGED $200 MILLION IN TAXES A story that made few waves earlier this week due to the focus on the election reminds me of Leona Helmsley’s infamous “only the little people pay taxes” comment. If you missed it, a Bloomberg report on Monday exposed billionaire John Malone, chairman of Liberty Global, as a world-class tax dodger.. The detailed story is jaw-dropping because Malone’s crafty maneuvers that allowed his NEW CTJ REPORT: REFORM THE RESEARCH TAX CREDIT A new report from Citizens for Tax Justice examines the largest of those provisions, the federal research and experimentation tax credit, a tax subsidy that is supposed to encourage businesses to perform research that benefits society. The report explains that the research credit is riddled with problems and should be either reformed WHY I’VE JOINED THE FIGHT FOR TAX JUSTICE: AMY HANAUER Why I’ve Joined the Fight for Tax Justice: Amy Hanauer. By Amy Hanauer, Executive Director of Citizens for Tax Justice and the Institute on Taxation and Economic Policy. For the past 21 years, I’ve lived in Cleveland, on the shores of a beautiful Great Lake. My kids attended excellent public schools and I saw the legacy of amanufacturing
TAX SUBSIDIES REWARD CORPORATE DOWNSIZERS Tax Subsidies Reward Corporate Downsizers. By all accounts, 1995 was a very good year for American business. According to the Commerce Department, corporate pretax profits jumped by 14 percent in 1995–to a record $600.8 billion. (1) Yet despite strong profits and a growing economy, American corporations laid off more than 400,000 workers OFFSHORE SHELL GAMES 2015 These 30 companies with the most money offshore have booked $1.4 trillion overseas for tax purposes. Only 57 Fortune 500 companies disclose what they would expect to pay in U.S. taxes if these profits were not officially booked offshore. In total, these 57 companies would owe $184.4 billion in additional federal taxes.Toggle navigation
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TAKE ACTION FOR TAX JUSTICE For decades, far too many of our elected officials have put the wants of special interests, corporations and the very rich over the needs of the rest of us. Now, lawmakers seek to cut taxes for corporations and the rich while claiming such policies will benefit working people. Collectively, we can raise our voices to stop the brazen, upward redistribution of wealth.RESOURCES
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Together, working people can stand up to special interests and demand a fair, sustainable tax system. > Today we need to speak up and demand adequate relief from this> recession,
> smart policy to combat this virus, > and visionary leadership to help us emerge not the same, > but better than we were before.__
_- Amy Hanauer, Executive Director A Hero vs a Heel: No Contest_
ABOUT CITIZENS FOR TAX JUSTICE Citizens for Tax Justice focuses on federal, state and local tax policies and their impact upon our nation. We are a partner in the movement for transformative change. Our purpose is to ensure an equitable and adequate tax system that benefits all of us.CONTACT US
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