For decades, cocaine has shaped the way the United States thinks about organized crime in Latin America. But criminal organizations adapt when markets change, and today, one of their most profitable opportunities is gold.
Microsoft’s new financial disclosures demonstrate the challenge facing policymakers interested in taxing AI: massive investment in the sector is lowering tax collected today, and even when the technology becomes profitable loose international tax rules mean the U.S. might not get much new revenue.
Read the farewell blog from outgoing FACT executive director Ian Gary, who reflects on his decades-long career in international social justice advocacy, and looks toward a brighter future where democracy is better able to deliver for people and hold powerful actors accountable.
In a new blog, FACT’s Thomas Georges and Evan Dymond argue that lawmakers must pursue revenue-raising corporate tax reforms if they are serious about tackling the nation’s fiscal crisis.
Amid skyrocketing oil prices and concerns about ordinary Americans subsidizing Big Oil’s expected superprofits at the pump, new disclosures show how the U.S. continues to inadequately tax its oil majors.
Since 2025, there has been a systematic disruption and deprioritization of the fight against illicit finance within the U.S. government, in ways that undermine stated goals on cartels.
