We Can’t Address the U.S. Deficit Without Corporate Tax Reform
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.

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.
New disclosure requirements show that huge American corporations lowered their tax bills by billions of dollars through the use of tax havens in 2025, while U.S. anti-abuse rules struggled to keep up.
Watch a recording of the launch of FACT’s new report analyzing the tax disclosures of 11 U.S. oil and gas multinational companies, and calling for the elimination of harmful subsidies for extraction abroad.
While the 2025 tax law’s international tax provisions have been labelled “America-first”, in reality, most of the changes will lower the effective tax rates multinationals pay on foreign income, further incentivizing the movement of investment and income abroad.