Prescription for Poverty: Drug companies as tax dodgers, price gougers, and influence peddlers
Pharmaceutical companies claim to bear their fair share of taxes, but their financial statements tell a different story.
The Downside of Boston’s Luxury Building Boom
Boston is being transformed by a luxury housing boom but a new report shows there are reasons to be alarmed.
New Study Confirms Offshore Earnings are Flowing into Stock Buybacks, Not Jobs and Investments
A new study found that the new repatriation tax break has resulted in a surge in stock buybacks and little discernable impact in investment.

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Incorporation Transparency

Did you know that it is easier to form a company in the U.S. than it is to get a library card?

American and foreign terrorists, narco-traffickers, arms dealers, corrupt foreign officials, tax evaders and other criminals easily and regularly set up anonymous U.S. companies to launder their money with impunity.

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Tax Evasion and Avoidance

Average Taxpayers and Small Business Owners Foot the Bill for Offshore Tax Loopholes

The current tax code is riddled with loopholes inserted by special interests that result in wealthy individuals and large, multi-national corporations shifting their tax responsibilities to small and domestic businesses, and average taxpayers.

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anti-money laundering

The current approach to combating money laundering is failing and we need a clear, strong, and comprehensive approach to fixing it.

Rampant corruption among individuals and governments around the world and newspaper headlines filled with reports…

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  • State Attorneys General Push Congress to Tackle Anonymous Companies

    Image: Lukas Gojda/Shutterstock

    WASHINGTON, D.C. — A bipartisan group of more than twenty state attorneys general urged Congress on Thursday to help them counter money laundering, corruption, and terror financing by passing legislation to end the incorporation of anonymous shell companies in the United States.

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  • Delaware Endorses Bill to Tackle Anonymous Companies

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    Move Comes as Lawmakers Consider Dropping Important Anti-Money Laundering Section from Legislation

    WASHINGTON, D.C. — Delaware’s top government official overseeing company formation in the state endorsed a bipartisan federal proposal to require companies to disclose their true owners at the time of formation in new a new letter to Congress.

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  • New Bill Would Plug an Offshore Loophole in Tax Overhaul

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    New Bill Would Plug an Offshore Loophole in Tax Overhaul

    WASHINGTON, D.C. — House lawmakers introduced legislation Wednesday that would make it harder for multinational corporations to game the offshore provisions in the newly adopted tax overhaul.

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