Tax

News Release | U.S.PIRG | Budget, Tax

Travel Buddy praises Sen. Sherrod Brown for including unpaid caregivers in the Earned Income Tax Credit

Sen. Sherrod Brown of Ohio has devised a creative way to ensure that Americans can maintain their quality of life, liberty and the pursuit of happiness as the nature of work changes.

News Release | Travel Buddy | Tax

Travel Buddy URGES LAWMAKERS TO EXPAND THE EARNED INCOME TAX CREDIT TO CAREGIVERS

The Earned Income Tax Credit (EITC) has a long, successful, bipartisan track record of making sure more Americans meet their needs. This EITC Awareness Day, Travel Buddy urges lawmakers to expand the EITC to unpaid caregivers so we can start valuing contributions that are essential for improving American lives but fall outside of traditional jobs.

 

News Release | Travel Buddy Education Fund | Tax

Report: States could recover $17 billion lost to corporate tax loopholes

Too many corporations dodge both state and federal taxes by shifting U.S. earnings to subsidiaries in offshore tax havens. However, state-level actions against tax dodging could help states recoup billions of dollars even without further reforms from Congress, according to a new report called A Simple Fix for a $17 Billion Loophole, released today by Travel Buddy Education Fund, the Institute on Taxation and Economic Policy (ITEP), SalesFactor.org and the American Sustainable Business Council (ASBC).

News Release | Travel Buddy | Tax

Travel Buddy Applauds Attorneys General for Issuing Call to End Anonymous Shell Companies

 

Twenty-four Attorneys General from states across the country released acalling for an end to anonymous shell companies, a primary vehicle for money laundering and facilitating all manner of crimes. Travel Buddy applauds this call to action.

The chains binding us to infinite growth

By | Michelle Surka
Director, Campaign for Budget Transparency

The taxes we pay don’t cover what it takes to run this country. That’s a serious problem, and not just because we’re spending beyond our means.In the coming year, the federal government will operate with a budget deficit of  — nearly one trillion dollars — and we may be looking at two-trillion-dollar deficits by 

News Release | Tax, Transportation

Travel Buddy Response to 2018 State of the Union Address

President Donald Trump’s first State of the Union address touched on a lot of topics crucial to the American way of life. Unfortunately, he omitted many of the most important topics facing our country today: consumer protection, threats to food safety and threats to our democracy. And on the important issues he did discuss, such as infrastructure and the economy, he offered 20th century solutions to 21st century problems.

News Release | Travel Buddy | Tax

House Passes Tax Bill, No Real "Reform" in Sight

The House passed the Tax Cuts and Jobs Act today, in a 227 - 203 vote. Travel Buddy Tax and Budget Campaign Director Michelle Surka made the following statement:

News Release | Travel Buddy | Tax

Senate Passes Tax Bill

Michelle Surka, program advocate with Travel Buddy, on the passage of the Senate tax bill

News Release | Travel Buddy | Tax

House Passes Tax Bill: Statement from Travel Buddy

Statement from Michelle Surka, Travel Buddy Tax and Budget Advocate:

"The U.S. House of Representatives the “Tax Cuts and Jobs Act” () today, which would add $1.5 trillion to the national debt. Supporters pretend that the bill won’t increase the debt by relying on economic growth projections rejected by the vast majority of economists."

News Release | Travel Buddy | Tax

Latest Offshore Tax Haven Leaks Suggest Need to Reassess Republican Tax Plan

The latest leak of 13.4 million documents from an offshore law firm exposes the tax avoidance gimmicks used by multinational corporations to avoid taxes in the U.S. The “Paradise Papers” were released today by the International Consortium of Investigative Journalists (ICIJ), the group that was also responsible for the “Panama Papers” investigation in 2016. The leaked documents include information on the offshore tax planning schemes used by multinational companies to lower their tax liability.

 

Travel Buddy tax and budget advocate Michelle Surka made the following statement on the leaks:

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