News Archives » tax justice
Explore Tax Justice in the Movie “We’re Not Broke” June 14th, 2012
The FACT Coalition (a campaign of the Tax justice Network USA) in raising questions about the real causes of the financial crisis. According to the movie We’re Not Broke, “conservative pundits and politicians continue to push a false narrative. America hasn’t gone broke, we’ve been robbed. Corporations have spent years dodging their responsibilities and not paying their fair share.”
Locate a screening of the film We’re Not Broke accompanied by an in-depth discussion of the real cause of our financial crisis on the website of The Fair Share Tour.
Victory in US Senate for Tax Justice! March 9th, 2012
This week, the Senate took a stand against one of the largest revenue drains facing developing nations today – tax avoidance. Members of the Financial Accountability and Corporate Transparency (FACT) Coalition, have been speaking out against the abuse of off-shore tax havens. And the Senate listened.
Amendment 1818, the Levin Amendment, passed the Senate last night and is a blow against corruption, secrecy, and tax avoidance that aims to end the use and abuse of off-shore tax havens. These tax havens help large corporations and corrupt individuals avoid paying a fair share of taxes to the nations in which they operate. An estimated $160 billion dollars is lost in tax revenue in developing countries due to the use of off-shore tax havens. The Levin amendment gives law enforcement officials tools to stop financial institutions in tax havens from aiding US tax cheats, and help put an end to developing country tax avoidance.
Jubilee USA and the Oblates are founding members of the Financial Accountability and Corporate Transparency (FACT) Coalition. Learn more about tax justice…
CNBC Follows the Trail of International Corruption and Money Laundering to a Shocking Tax Haven… the United States February 13th, 2012
The Oblates have been working with other members of the Interfaith Center on Corporate Responsibility (ICCR) to counter tax havens through dialogs with international financial institutions. OMI is also a member of FACT coalition (Financial Accountability and Corporate Transparency Campaign) and Tax Justice Network USA. A new one-hour documentary by CNBC Investigations, Inc., reported by CNBC Senior Correspondent Scott Cohn, focuses on the issue.White tigers, private jets, multi-million dollar mansions in the most luxurious spots on earth – all paid for with money that critics say was stolen by the ruling families of oil-rich nations. There are estimates that corruption worldwide costs as much as $1.5 trillion a year. In many countries, the ruling families simply take what they want, living lives of luxury while their people face poverty and oppression.
On Thursday, February 23rd at 9PM ET/PT, CNBC will present “Filthy Rich,” a one-hour original documentary reported by award-winning Senior Correspondent Scott Cohn and the CNBC Investigations Inc. team. They follow the money around the globe to Dubai, London, Paris and the United States, which is fast becoming a place for the Filthy Rich to hide their wealth.
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