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Reposted by Ian Gary

The FACT Coalition @factcoalition.bsky.social · 15d

Good tax policy requires transparency. However, House appropriators are threatening to kill new rules requiring corporations to disclose more information to shareholders about the taxes they pay. From @howardgleckman.bsky.social for @taxpolicycenter.bsky.social:

taxpolicycenter.org/taxvox/congr...

Congress Moves To Allow Large Corporations To Continue To Hide Tax Payments

If enacted, the House Republicans’ appropriations measure would kill those rules, though its fate is uncertain.

taxpolicycenter.org

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Ian Gary @ianpgary.bsky.social · 16d

Read the latest in the fight against dirty money and for tax justice - crucial battles now more than ever! @factcoalition.bsky.social thefactcoalition.org/fact-calls-f...

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Zorka Milin @zorkamilin.bsky.social · 17d

Why would some business interests prefer for Congress to fly blind in tax policymaking? 🤔

Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:

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Zorka Milin @zorkamilin.bsky.social · 21d

"Funding tax enforcement should be a no-brainer" @sarahcgchris.bsky.social is absolutely right.

And yet here we are...

maura quint @mauraquint.bsky.social · 21d

IRS Enforcement Boost Was Supposed to Last 10 Years. Congress Killed It in Under Three.

from @sarahcgchris.bsky.social on the funding the IRS got to FINALLY go after ultra-rich tax cheats and how quickly congress decided to yank that right back

itep.org/irs-funding-...

IRS Enforcement Boost Was Supposed to Last 10 Years. Congress Killed It in Under Three.

The IRS was set to overhaul how it audits the ultra-rich. Now most of that funding is gone.

itep.org

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Ian Gary @ianpgary.bsky.social · 21d

I told @icij.org that Treasury's latest moves to gut the Corporate Transparency Act - a pledge to purge data on the true owners of companies - would "double down on Treasury’s unlawful gutting of this statute". @factcoalition.bsky.social www.icij.org/news/2025/09...

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Senator Sheldon Whitehouse @whitehouse.senate.gov · 27d

This rollover for the criminals and kleptocrats who hide in U.S. shell corporations is a real national security problem.

POLITICO Pro: Treasury will delete beneficial ownership data after rule rollback, FinCEN chief says

subscriber.politicopro.com

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Ian Gary @ianpgary.bsky.social · 23d

"Illicit economies accelerating deforestation and biodiversity loss were left in the shadows of the UN's framework convention on climate change (UNFCCC)... That is beginning to change" thanks to the @factcoalition.bsky.social, Instituto Igarape and many others. www.context.news/climate-just...

Environmental crime worth billions is climate fight’s blind spot | Context by TRF

Despite generating billions of dollars in illegal revenue a year, environmental crime in the Amazon still isn't a priority at UN climate summits

www.context.news

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Ian Gary @ianpgary.bsky.social · 23d

NEW: Senator Warren and Congresswoman Waters slam U.S. Treasury for gutting the Corporate Transparency Act. “Your decision to gut the law has caused growing alarm ... that you are making it easier for criminals to take advantage of the financial system." ct.symplicity.com/t/wrn/d92e7b...

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Ian Gary @ianpgary.bsky.social · 27d

Bolsonaro Sentenced to 27 Years in Prison for Plotting Coup in Brazil www.nytimes.com/2025/09/11/w...

www.nytimes.com

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Ian Gary @ianpgary.bsky.social · 27d

FACT Coalition's Julia Yansura - 'We need countries from outside the Amazon region to take a stand against environmental crimes and illicit financial flows stemming from environmental destruction." @factcoalition.bsky.social

@factcoalition.bsky.social www.commondreams.org/opinion/amaz...

Amazon Countries Shouldn’t Have to Fight Environmental Crime Alone | Common Dreams

While progress among Amazon countries is laudable, we also need countries from outside the region to take a stand against environmental crimes, illegally sourced natural resources, and illicit financi...

www.commondreams.org

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Institute for Policy Studies @ips-dc.org · Sep 9

NEW: Taxing the rich is popular — but many Americans aren't voting that way.

@ewdinstitute.bsky.social and Wonder for Good shared surprising new research in @inequality.org that can move persuadable voters closer to a fair economy:

How to Reach Persuadable Audiences on Taxes: A Roadmap for the Future

Converting support for taxing the wealthy into election victories will take hard work and a lot of listening.

inequality.org

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Zorka Milin @zorkamilin.bsky.social · Sep 9

Exciting international conference on tax and climate in Brazil next month!
I will be speaking from a US perspective as part of a panel titled "Fossil Fuels, Subsidies and Sovereignty: Fiscal Tools at a Crossroads."
If you can't attend in person, you can tune into the livestream.

Tax Justice Network @taxjustice.net · Sep 1

💡The money for climate action exists. The challenge is reclaiming it.

Join us this October in Brazil, as #ClimateJustice & #TaxJustice movements unite to show why bridging the two is essential for a just transition ahead of #COP30.

👉 bit.ly/3VsRGLi

#ClimateForChange2025

Why are we gathering in Brazil to talk climate? Why now? - Tax Justice Network

This October, climate and tax justice movements will gather in Brazil for A Climate for Change: Towards Just Taxation for Climate Finance. The two-day conference at UNICAMP (13–14 October 2025) comes at a pivotal moment: just weeks before COP30 in Belém and in the first year of negotiations towards a UN tax convention. It is […]

bit.ly

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Jesse Drucker @jessedrucker.bsky.social · Sep 9

My latest story - Trump administration rolls back tax shelter crackdown: www.nytimes.com/2025/09/09/b...

Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters

www.nytimes.com

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Dulce Guzmán @dulceguzman.bsky.social · Sep 9

The Supreme Court just handed Trump a permission slip to racially profile Latino communities. Apparently, looking Latino, speaking limited English, or working a low-wage job is now enough to lose your Fourth Amendment rights. This ruling is dangerous, discriminatory, and we must push back—loudly.

Supreme Court allows federal officers to more freely make immigration stops in LA

The Supreme Court on Monday paused a ruling by a federal judge in Los Angeles that imposed restrictions on the ability of federal agents to make immigration stops that the […]

www.scotusblog.com

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Ian Gary @ianpgary.bsky.social · Aug 28

New from Inside Climate News "The president has pledged to combat transnational drug organizations. Yet these groups make vast sums from environmental crimes, and his administration has gutted personnel and programs that targeted them, a new report shows." insideclimatenews.org/news/2708202...

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Jesse Eisinger @jeisinger.bsky.social · Aug 27

Really important new study on the tax rate of billionaires from @gabrielzucman.bsky.social et al

Upshot:

The top 400 ultrabillionaires: 23.8%

Avg Americans: 30.2%

Yes, the superrich pay far less in taxes than the rest of us.

www.nber.org/papers/w34170

How Much Tax Do US Billionaires Pay? Evidence from Administrative Data

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

www.nber.org

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Reposted by Ian Gary

Zorka Milin @zorkamilin.bsky.social · Aug 26

It's tough to tax individual wealth in the US but the corporate tax is doing the heavy lifting of taxing superrich investors (including foreign investors who would otherwise escape US taxation)

Great WSJ coverage of important new paper from @gabrielzucman.bsky.social et al

Richard Rubin @richardrubindc.bsky.social · Aug 25

New from me today: What tax do billionaires pay?

The corporate tax, which is a crucial component of the US revenue system at the very top of the income distribution, according to a new study.

www.wsj.com/personal-fin...

The Tax That Billionaires Actually Pay

Nearly 40% of taxes at the very top come through the corporate income levy, study says.

www.wsj.com

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Ian Gary @ianpgary.bsky.social · Aug 20

Great Bloomberg coverage of FACT's latest report. "An illegal gold mining and trafficking boom in several South American nations has become a crisis too large for the US to ignore according to a report from FACT, released Wednesday." @jyansura.bsky.social www.bloomberg.com/news/article...

US Urged to Tackle Booming Illicit Gold Trade in the Americas

US authorities are being pressed to step up efforts to combat the illegal gold trade, one of the largest and fastest-growing illicit economies in the Western Hemisphere as bullion prices surge.

www.bloomberg.com

Ian Gary @ianpgary.bsky.social · Aug 20

NEW REPORT: "Criminal groups are using gold to launder drug money, evade sanctions, finance enemy regimes, and undermine U.S. laws." Read the @factcoalition.bsky.social report now. thefactcoalition.org/illegal-gold...

Illegal Gold Mining Has Become a Crisis Too Large for the U.S. to Ignore

FACT’s latest report examines the devastating effects of illegal gold mining in Latin America, with a focus on how the U.S. financial system facilitates the laundering of illicit gold profits.

thefactcoalition.org

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Ian Gary @ianpgary.bsky.social · Aug 14

The FACT Coalition's Julia Yansura is in Bogotá speaking on organized crime, financial crime, and threats to the Amazon. Tune in! www.youtube.com/watch?v=Wxjy... @factcoalition.bsky.social @jyansura.bsky.social

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The FACT Coalition @factcoalition.bsky.social · Aug 12

This Thursday, FACT deputy director Erica Hanichak will speak at a panel as a part of the ACFCS' FinCrime Virtual Week. The event, titled "Night of the Living Loophole - Real Estate and FinCrime Risks" will cover financial loopholes in the real estate sector.

www.acfcs.org/fincrime-vir...

FinCrime Virtual Week 2025

www.acfcs.org

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Reposted by Ian Gary

The 51st @51st.news · Aug 11

In an almost unprecedented move in D.C.’s 50-year experience with self-governance, President Donald Trump on Monday took control of the Metropolitan Police Department, putting its 3,100 sworn officers under his direct command for the next 30 days. 51st.news/dc-trump-mpd...

Trump takes over MPD and deploys the National Guard

City leaders have called the move a "manufactured intrusion on local authority."

51st.news

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Reposted by Ian Gary

The FACT Coalition @factcoalition.bsky.social · Aug 11

Read @icij.org's coverage of a new bill that would crack down on money laundering in the art market.

From the article: "The problem is compounded by the widespread use of shell companies and trusts to conceal the beneficial ownership of high-value assets."

www.icij.org/news/2025/08...

New US bill aims to clamp down on money laundering through art holdings - ICIJ

The proposed Art Market Integrity Act would subject art brokers to the same BSA reporting requirements as antiquities dealers, banks and other financial institutions.

www.icij.org

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Justin Wolfers @justinwolfers.bsky.social · Aug 11

Latest CBO analysis of the full distributional effects of the Trump budget (the "One Big Bill") just landed. They blew out the budget, see how big of a slice you got.
www.cbo.gov/interactive/...

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Zorka Milin @zorkamilin.bsky.social · Aug 6

Just last month, US Treasury imposed a record fine of $216m on a venture capital fund for sanctions violations, widely seen by lawyers as a warning shot to the fund industry.

But yesterday US Treasury exempted the fund industry from anti-money laundering checks for at least two years.

ICIJ @icij.org · Jul 18

The U.S. Office of Foreign Assets Control said a venture capital firm managed a $20 million investment for Suleiman Kerimov, a member of Putin’s inner circle, after he was sanctioned in 2018, calling the case “egregious”.

Read more: www.icij.org/news/2025/07...

Venture capital firm hit with $216 million penalty for ‘egregious’ violations of US sanctions against Russian billionaire - ICIJ

The Office of Foreign Assets Control said the firm managed a $20 million investment for Suleiman Kerimov, a member of Putin’s inner circle, after he was sanctioned in 2018.

www.icij.org

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