3 Outrageous Numbers on
NPP's Weekly Roundup
This week, Senator Baucus reignited debate about tax reform, with a focus on corporate tax breaks. Lawmakers are discussing a loophole that allows corporations to avoid or defer payment of taxes on profits earned overseas. The size of this tax break in 2013 is the same as what the House has proposed cutting in Food Stamp benefits over 10 years. In case you missed it, here's what happened this week:
3 Outrageous Numbers
In this infographic, we highlight three must-know numbers in the corporate tax debate.
Ripe for Reform
Lawmakers on both sides of the aisle agree that the corporate tax code is ripe for reform. Read our FAQ for the bottom line on what's being discussed.
Big Money in Tax Breaks
Earlier this fall, we released one-of-a-kind analysis examining how tax breaks for corporations and individuals have changed over time.
Many people want to reform the tax code to make it more fair. There is particular criticism of certain tax breaks that apply to the highest earners.
So Just Where Do Our Taxes Go?
This week there was movement on the DATA Act, an important piece of legislation that would increase transparency of federal spending information.
Outraged? Take Action!
Sign our petition asking Congress to listen to Americans' priorities as they decide on a revenue and spending plan for 2014. Your voice matters!
Stay tuned for more updates as we continue to follow high-stakes budget negotiations in the weeks to come.