Thomas Georges (@ThomasGeorgesTH) header
Thomas Georges (@ThomasGeorgesTH) profile picture

Upstate-NY Native, D.C. Resident Policy Officer @FACTCoalition

Washington, D.C.
Joined June 2017
Photo by Thomas Georges (@ThomasGeorgesTH)Photo by Thomas Georges (@ThomasGeorgesTH)
Thomas Georges retweeted
Please join us on September 22 for "From Hidden Wealth to Public Trust – Reclaiming Our Democracy," an in-person and virtual discussion featuring @cjcmichel, Venessa Williamson, @Sarah__Pray, and @ZorkaMilin Read more about the event and RSVP here: thefactcoalition.org/democra…
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Thomas Georges retweeted
Glad to see our @FACTCoalition research cited in this update on the blockbuster tax cases against big multinationals, still moving despite IRS cuts. Simple math: "America's government debt continues to soar. Its multinationals may soon have to foot a bigger share of the bill."
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Thomas Georges retweeted
My take on ultra-low US corporate taxes for @rooseveltinst Comments welcome!
NEW: Corporate profits are at an all-time high. So why are we still told we can’t afford to tax corporations more? @ZorkaMilin takes on the main argument for keeping corporate taxes low: that doing so is necessary for US competitiveness. The evidence tells a different story 🧵
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Thomas Georges retweeted
The current corporate tax code that encourages offshore tax avoidance isn't "America-first," it's "Corporations-first, Americans-last" FACT policy director @ZorkaMilin speaking now at @USProgressives's shadow hearing on tax policy reforms to end corporate greed.
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Thomas Georges retweeted
Grateful to @NDAAJustice and law enforcement leaders nationwide for their continued support of the Corporate Transparency Act — a critical tool to expose illicit networks, protect our financial system, and strengthen public safety in communities across the country. @FACTCoalition
We oppose legislation scheduled for markup in the US House Financial Services Committee that would repeal the Corporate Transparency Act (CTA). Read more in our letter: ow.ly/yRos50YNboS
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Thomas Georges retweeted
Tax Day op-ed by Jeff Bezos-owned WaPo parrots a familiar line we've heard from tax-dodging companies: "we're just following the law." What they don't tell you: all too often, they ghostwrite the tax law. Memo to @wapo: less tax punditry and more smart tax reporting, please!
They’re just using the tools Congress gave them, the Editorial Board writes. wapo.st/4cJVRf8
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Thomas Georges retweeted
Big American corporations are reaping billions in tax savings from tax havens. But don't blame the tax havens: blame the US tax code for being too weak to stop this. Our latest @FACTCoalition analysis of newly-required corporate tax disclosures: thefactcoalition.org/major-a…
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Thomas Georges retweeted
New #tax disclosure requirements are reaffirming what FACT has long argued: that the U.S. tax code continues to encourage America’s largest companies to stash profits in tax havens. Read the full analysis from FACT's @ThomasGeorgesTH and @ZorkaMilin here: thefactcoalition.org/major-a…
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Thomas Georges retweeted
"American taxpayers are effectively subsidizing oil drilling abroad, including in authoritarian regimes.... This isn't just bad tax policy; it's a raw deal for working families who are picking up the slack at home." @Ianpgary
Major U.S.-based oil and gas companies such as ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries than in the U.S., according to a new report from the @FACTCoalition. bit.ly/48MF8X4 #tax #taxbreaks
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You still have time to register for the launch of our new report! Our amazing panelists will discuss how to more effectively tax oil and gas profits, and the impact of fossil fuel subsidies on revenues, climate, public health, and more. thefactcoalition.org/report-…
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“To address climate change, economic equity and fairness, and funding the social programs, we must repeal all the special tax breaks the oil and gas sector receives and ensure that they are paying tax rates commensurate with what they are paying globally.” -@erichpica of @foe_us
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“The fossil fuel industry is still being rewarded for driving the climate crisis. We must end fossil fuel tax subsidies, reform international tax rules, & strengthen transparency. Our opponents are powerful — we can’t afford to be divided.” @ZorkaMilin @FACTCoalition
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The US tax code not only subsidizes oil and gas here at home, but also - and especially - drilling abroad. RSVP for the launch of FACT's new report calling for the end of all tax subsidies for oil and gas production, and especially for drilling abroad. thefactcoalition.org/report-…
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This Thursday, join FACT for the hybrid launch of our new report analyzing the financial disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of subsidies for offshore drilling. Register now: thefactcoalition.org/report-…
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Thomas Georges retweeted
Important hearing in Brussels today on Trump's international tax policies #TaxTwitter Opens with a crucial reminder from @benjaminangelEU tracing the origin of P2 to a US request during 1st Trump term for other countries also to adopt minimum taxes after US intro'd GILTI in 2017
On Tuesday, from 15.45 CET, MEPs of the @EP_Taxation subcommittee will be hearing experts about the tax implications of the Trump administration’s policies. 🔸All details including livestream link: europarl.europa.eu/committee… 🔸@EP_EPRS research paper: europarl.europa.eu/thinktank…
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As both a major destination for laundered gold and a central node in global finance, the United States holds powerful tools to disrupt illicit gold networks in the Amazon. Read @JYansura and @IsidoroHazbun's new report to learn more. thefactcoalition.org/report/…
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ICYMI: -FACT reacts to Treasury's delayed implementation of a landmark AML rule, -The Art Market Integrity Act is introduced, and -@ZorkaMilin and @ThomasGeorgesTH break down the international corporate provisions of the budget megabill. thefactcoalition.org/just-th…
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Before 2025, use of present law baselines provided consistency in counterfactuals. With OBBBA, that is so over. Here's a reader-beware example of baseline divergence in showing OBBBA's international tax provisions, comparing a @FACTCoalition thing to an article in @taxnotes.1/3
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The new tax megabill is "an enormous missed opportunity to enact commonsense, revenue-raising international tax reforms and end tax incentives for offshoring." Read FACT's section-by-section analysis of the international corporate provisions here: thefactcoalition.org/policy-…
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