Reports

The Pharma Big 10: Price Gougers, Tax Dodgers

View the Full Report in PDF here. TOPLINES The report examines the profits, taxes, and drug prices of the 10 biggest U.S. pharmaceutical companies, the “Pharma Big 10”: Johnson & Johnson, Pfizer, Merck & Co., Gilead Sciences, AbbVie, Amgen, Eli Lilly & Co., Bristol-Myers Squibb, Biogen and Celgene. Between 2011 and 2015, the Pharma Big 10 […]

Republican Health Care Act Repeal Plan: Tax Cuts for the Rich, Health Care Cuts for Everyone Else

Support for the Affordable Care Act (ACA) is at its highest level ever. Yet, Republicans in Congress are determined to repeal Obamacare despite the public’s widespread opposition to their plan, known as the American Health Care Act. The GOP plan will deprive 24 million Americans of health care coverage and drive up the cost of coverage […]

Corporate Tax Chartbook: How Corporations Rig the Rules to Dodge the Taxes They Owe

In recent years, corporate profits have reached record highs, and so too has the amount of untaxed profits U.S. corporations have stashed offshore: $2.4 trillion. And it is estimated corporations could owe as much as $700 billion on those profits. In short, corporations are dodging more and more of their tax responsibilities. While the statutory […]

Gilead Sciences: Price Gouger, Tax Dodger

Press Release: New Report: Taxpayer-Supported Gilead Sciences Is Price Gouging the Public, Then Dodging Taxes on the Huge Profits 7/13/2016 ATF Report Highlights: Gilead Sciences: Prices Gouger, Tax Dodger 7/13/2016 Full Report in PDF 7/13/2016 Shareable graphics on the Gilead report click here. Irish Media Confirms ATF Claims About Gilead Science’s Massive Profit Shifting 8/22/2016 Huffington Post Piece on […]

Pfizer: Price Gouger, Tax Dodger

Pfizer, one of the world’s largest pharmaceutical companies and more profitable companies, is attempting to permanently dodge tens of billions of dollars of U.S. taxes it currently owes through a merger with fellow drug firm Allergan, based in the tax haven of Ireland. While technically not a corporate inversion, this maneuver will provide Pfizer with […]

Pfizer’s Tax Dodging Rx: Stash Profits Offshore

Pfizer, one of the world’s largest pharmaceutical companies, has announced that it has entered into preliminary discussions with the Irish corporation Allergan to effect a business combination, which most observers assume would be structured as an “inversion” transaction. An inversion would allow Pfizer to renounce its U.S. tax citizenship while retaining its current U.S. headquarters, management structure […]

The Walmart Web

A groundbreaking report reveals that Walmart has built a vast, undisclosed network of 78 subsidiaries and branches in 15 overseas tax havens, which may be used to minimize foreign taxes where it has retail operations and to avoid U.S. tax on those foreign earnings. These secretive subsidiaries have never been subject to public scrutiny before. […]

The Walmart Tax Subsidy

As Walmart prepares to implement its previously announced plan to hike wages to a minimum of $9 an hour in April, Americans for Tax Fairness has published a new report detailing how employee wage hikes to $9 in 2015 and to $10 in 2016 will still require large taxpayer subsidies to compensate for Walmart’s low […]

Estate Tax Repeal Editorial Board Memo

Editorial board memorandum sent to editors and columnists on the subject of the upcoming vote in the U.S. House of Representatives to repeal the estate tax. Read PDF version of the document: Editorial Board Memo: U.S. House of Representatives Vote on Estate Tax Repeal this Tax Day Would Provide Massive Tax Break for Millionaires and […]

Burger King’s Inversion: A Whopper of a Tax Dodge

This new Americans for Tax Fairness report shows that Burger King and its leading shareholders will dodge an estimated $400 million to $1.2 billion in taxes between 2015 and 2018 from its planned merger with Tim Hortons, a Canadian company. This contradicts the assertion by CEO Daniel Schwartz that Burger King’s plan to become a Canadian […]