Reports

The 2018 Tax Debate Media Briefing Book

READ FULL REPORT HERE INTRODUCTION: TAXES & THE MIDTERM ELECTIONS Public opinion polling and data and analysis from numerous sources identified below were used to prepare this Media Briefing Book. What it shows is that the Trump-GOP tax law, officially titled the Tax Cuts and Jobs Act, is not proving to be the political winner […]

ANALYSIS OF TAX ISSUES IN THE 2018 FEDERAL MIDTERM ELECTIONS

KEY FINDINGS “Republicans lost the messaging battle on the [tax] issue, per a Sept. 2 polling memo prepared for the Republican National Committee. Their poll found that by 61% to 30%, voters said the law benefits “large corporations and rich Americans” over “middle class families.” The memo attributed this to message discipline from the tax […]

NO EVIDENCE TRUMP-GOP TAX CUTS ARE IMPROVING THE ECONOMY

Eight months since the tax cuts were passed in December 2017, here’s what the data show: Corporate profits up, corporate tax revenues down (Figure 1): In the second quarter of 2018 (six months after the tax cuts passed in December 2017), corporate after-tax profits were 16% higher than a year earlier in the second quarter […]

Medicare & Medicare 53rd Anniversary National and State-by-State reports

Our national and state-by-state reports about Medicare and Medicaid, in honor of its 53rd Anniversary. National Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York […]

Bad Medicine: How GOP Tax Cuts Are Enriching Drug Companies, Leaving Workers & Patients Behind

View the Full Report in PDF here. INTRODUCTION & KEY FINDINGS America’s 10 biggest prescription-drug corporations—the Pharma Big 10—are among the biggest winners from the Trump-GOP tax cuts but they are sharing few of the benefits with their employees and are offering no pricing relief to their customers. Instead, they are mostly rewarding their CEOs […]

New Tax Law Benefits Health Care Industry, Endangers Vital Services For America’s Working Families

View the full report in PDF here. View state-by-state reports and graphics here. EXECUTIVE SUMMARY On Tax Day 2018, health care and other vital public services are much less secure for America’s working families due to $1.5 trillion in tax cuts enacted late last year by President Trump and the Republican Congress. The tax cuts […]

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 […]