Zorka Milin @zorkamilin.bsky.social · 5hEssential reading for anyone concerned about the US deficit and its growing drag on growth. Huge kudos to the authors for laying out this clear-eyed, practical roadmap out of our fiscal hole. 000
Reposted by Zorka MilinPaul Monaghan @paulmonaghan.bsky.social · 04/10/2026Amodei says economic support for the AI-displaced will be needed, and to pay for this we have to be open to increases in capital gains tax, taxes on AI companies and /or changes to corporation tax. Hopefully an adult conversation on this about to open up. abcnews.com/Business/exc...abcnews.comExclusive: Anthropic CEO calls for stronger regulation of AIIn an exclusive new interview with ABC News, Dario Amodei said that AI needs to be developed with the proper guardrails to ensure it has a positive impact on the world. 012
Reposted by Zorka MilinJake Grumbach @jakemgrumbach.bsky.social · 04/10/2026A goal of this administration being achieved: “American pre-tax corporate earnings have grown by $1.2trn, or 30%. … And yet taxes on corporate profits have collapsed.” www.economist.com/finance-and-... h/t @talsmith.bsky.social 9478225
Reposted by Zorka MilinAnti-Corruption Data Collective @acdatacollective.bsky.social · 06/10/2026Three years ago, cryptocurrency mixers were "an acute money laundering and national security concern," for FinCEN. Today, not so much. FinCEN Reverses Course on Cryptocurrency Mixing - ACAMS www.acams.org/en/news/finc...acams.org 001
Zorka Milin @zorkamilin.bsky.social · 30/09/2026Important, impressive NYT reporting reveals Meta's AI surge is funded by abusing an innovation tax credit, "the second-most expensive federal corporate tax break, behind only the reduced rate applied to offshore profits" - which Meta also exploits. We must close ALL corporate tax loopholes. 000
Reposted by Zorka MilinJesse Eisinger @jeisinger.bsky.social · 30/09/2026Americans hate data centers. And they are paying for them through Meta’s tax dodging. It’s a good bet that Trump broke the IRS so badly, they’ll get away with it. Excellent piece from @kashhill.bsky.social, @jessedrucker.bsky.social et al: www.nytimes.com/2026/09/30/t... 14121
Zorka Milin @zorkamilin.bsky.social · 30/09/2026Microsoft says its disclosures "reflect the scale of our US infrastructure investments, and taxes deferred today will be paid in future years." What they don't say: will those taxes be paid in the US? The same tax disclosures show Microsoft pays more tax in Ireland than in the US! 100
Zorka Milin @zorkamilin.bsky.social · 24/09/2026Thank you to @fisc.europarl.europa.eu for the continued constructive transatlantic engagement on key international tax and transparency priorities. Always a pleasure to meet and compare notes. Completely agree on the urgency of addressing digital taxation, and regrettable US transparency setbacks. 010
Reposted by Zorka MilinAnti-Corruption Data Collective @acdatacollective.bsky.social · 24/09/2026“Thanks to the proliferation of everything from anonymous shell companies to perpetual trusts, these wealthiest forces can now mask their riches from any investigators, regulators, journalists and others – and entrench the kind of aristocracy Americans have long chafed against.” 012
Zorka Milin @zorkamilin.bsky.social · 23/09/2026Yesterday I was thrilled to host our @factcoalition.bsky.social event exploring how fair taxes & financial transparency build public trust in US democracy. Thanks to @sarahpray.bsky.social @vanessawilliamson.bsky.social @cjcmichel.bsky.social and everyone who joined us. Stay tuned for a recap! 030
Zorka Milin @zorkamilin.bsky.social · 22/09/2026Come hear from the brilliant @cjcmichel.bsky.social this afternoon about how our Age of Oligarchy differs from the Gilded Age and what we can do about this: thefactcoalition.org/democracythefactcoalition.orgEvent: From Hidden Wealth to Public Trust - Reclaiming Our Democracy | The FACT CoalitionJoin the FACT Coalition on September 22 for a conversation with Vanessa Williamson (Brookings) and Casey Michel (Human Rights Foundation) exploring why good tax policy and financial transparency are e... 061
Reposted by Zorka MilinCasey Michel @cjcmichel.bsky.social · 20/09/2026DC—I’m coming back for another talk! This panel is brought to you by the fantastic @factcoalition.bsky.social, and will focus on how closely democracy and financial transparency are linked. We’re talking taxes, Teddy Roosevelt, and tackling oligarchy. See you there! thefactcoalition.org/democracy/thefactcoalition.orgEvent: From Hidden Wealth to Public Trust - Reclaiming Our Democracy | The FACT CoalitionJoin the FACT Coalition on September 22 for a conversation with Vanessa Williamson (Brookings) and Casey Michel (Human Rights Foundation) exploring why good tax policy and financial transparency are e... 083
Zorka Milin @zorkamilin.bsky.social · 18/09/2026"Americans haven’t stopped believing in democracy. They’re wondering whether our democracy is strong enough to stand up to wealth and power." @sarahpray.bsky.social To understand what taxes have to do with democracy, come hear from Sarah and other great speakers next Tuesday (link below) 101
Zorka Milin @zorkamilin.bsky.social · 18/09/2026Solutions that benefit only the United States aren't lasting solutions to any global problem. Taxing digital and AI companies is no exception: it demands a truly global answer. 100
Reposted by Zorka MilinRoosevelt Institute @rooseveltinstitute.org · 16/09/2026Taxes aren’t just about raising revenue. They shape who has power, what government can provide, and whether people believe it can deliver. Our new fact sheet makes the case for treating taxes as core democratic infrastructure.rooseveltinstitute.orgHow the Tax Code Can Rebalance Our Economy, Strengthen the Safety Net, and Foster Trust - Roosevelt InstituteA fairer tax code can do more than raise revenue. It can rebalance economic power, strengthen Social Security and other public investments, and help rebuild trust in government. 095
Reposted by Zorka MilinThe FACT Coalition @factcoalition.bsky.social · 16/09/2026Follow the money. Our research finds that US tax code provides billions in subsidies for oil & gas production, including nearly $75 billion in subsidies for extraction abroad. At the #G20 energy affordability shouldn't mean writing a blank check to Big Oil. It’s time to #EndFossilFuelSubsidies 121
Reposted by Zorka MilinMike Madowitz @mikemadowitz.bsky.social · 15/09/2026There's still time to register for the @rooseveltinstitute.org #HotTaxFall event tomorrow! FT Tax Wonks: @bdgesq.bsky.social @samarthgupta.bsky.social @natekelly.bsky.social And other wonks: @elizabethwwilkins.bsky.social @suzmkahn.bsky.socialevents.zoom.usWhose Code Is It Anyway? Tax Reform as Democracy Reform 064
Reposted by Zorka MilinThe FACT Coalition @factcoalition.bsky.social · 15/09/2026Hyperscalers like Microsoft are making giant tax-subsidized bets on AI that are yet to turn a profit. Worse: when the profits come, the intangible nature of AI services makes these profits especially easy to shift to tax havens like Ireland, potentially losing even more revenue. Link below: 111
Reposted by Zorka MilinBloomberg Tax @bloombergtax.com · 11/09/2026Opinion: The Treasury Department's decision to stop collecting certain business ownership information and delete information already collected will hinder efforts by the IRs and other federal agencies to investigate fraud.bit.lyTreasury Must Keep Collecting and Preserving Business Owner InfoOpinion: The Treasury Department's decision to stop collecting certain business ownership information and delete information already collected will hinder efforts by the IRs and other federal agencies to investigate fraud. 011
Reposted by Zorka MilinThe FACT Coalition @factcoalition.bsky.social · 09/09/2026Join us on Sept 22 for "From Hidden Wealth to Public Trust – Reclaiming Our Democracy," an in-person and virtual discussion featuring @cjcmichel.bsky.social, @vanessawilliamson.bsky.social, @sarahpray.bsky.social, and @zorkamilin.bsky.social Read more & RSVP here: thefactcoalition.org/democracy/ 032
Zorka Milin @zorkamilin.bsky.social · 03/09/2026Glad to see our @factcoalition.bsky.social research cited in this update on the blockbuster tax cases against big multinationals, still moving despite IRS cuts. Simple math: "America's government debt continues to soar. Its multinationals may soon have to foot a bigger share of the bill."economist.comThe IRS is going after America Inc’s overseas profitsCompanies from Coca-Cola to Meta are in its sights 011
Zorka Milin @zorkamilin.bsky.social · 03/09/2026My take on ultra-low US corporate taxes, for @rooseveltinstitute.org. Comments and thoughts welcome! 031
Reposted by Zorka MilinRoosevelt Institute @rooseveltinstitute.org · 01/09/2026IRS audit revenue fell sharply last year after the Trump administration cut the agency’s workforce. The IRS lost roughly 30% of its audit staff, and as a result, lost 35%, or $3.5 billion in revenue from taxes already owed.nytimes.comIRS Audit Revenue Has Plummeted Under Trump, Watchdog FindsThe I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits. 13414
Zorka Milin @zorkamilin.bsky.social · 31/08/2026How should policymakers deal with AI? New polling: 1⃣ Most popular: pro-worker AI policies like job training 2⃣ Close second: good tax stuff (cracking down on tax cheats, corporate taxes) Regular people, unlike politicians, get it: we have to pay for nice things blog.csaip.org/p/what-56000...blog.csaip.orgWhat 56,000 Americans told us about AI policy.The public is ahead on AI policy. 000
Reposted by Zorka MilinAmPhoenixTrade @amphoenixtrade.bsky.social · 30/08/2026We are also going to need to talk about what makes a company “American.” thefactcoalition.org/oil-and-gas-...thefactcoalition.orgNew Report Reveals U.S. Oil and Gas Companies Pay More Tax to Petrostates Than to the U.S. GovernmentFACT’s latest report analyzes the tax disclosures of 11 U.S. oil and gas multinational companies, and calls for the elimination of harmful subsidies for extraction abroad. 011
Reposted by Zorka MilinPaul Monaghan @paulmonaghan.bsky.social · 24/08/2026Absolutely insane how Apple still getting away with booking the majority of their global revenue in Ireland (very much still a tax haven). Newly implemented EU tax transparency laws mean that we can see that a crazy $213.5bn income booked there last year. www.ft.com/content/65fb...ft.comApple paid $17bn in taxes to Ireland after court ruling on back leviesNew filings highlight iPhone maker’s global tax liabilities 012
Reposted by Zorka Milingraham steele @grahamsteele.bsky.social · 24/08/2026Secretary Bessent talks about turning Iran into an economic outcast, but his pro-crypto agenda directly contradicts his stated goal. Last year, the President pardoned Binance, the world's largest crypto exchange, and its CEO for criminal charges of helping Iran evade US sanctions. 23915
Reposted by Zorka MilinITEP @itep.org · 09/08/2026The issue isn’t simply whether oil prices temporarily inflated profits this quarter. It’s why Congress has spent years making it easier for some of the world’s most profitable corporations to keep a larger share of those profits in the first place. itep.org/trump-exxon-...itep.orgTrump Says Exxon and Chevron Are Ripping Off Americans, But His Own Policies Are to BlamePresident Trump lashed out at ExxonMobil and Chevron for “making too much money." These companies are reporting enormous profits right now, partly the result of Trump’s war in Iran but also due to the... 02216
Reposted by Zorka MilinMatthew Gardner @mindthegaap.bsky.social · 06/08/2026@jessedrucker.bsky.social drops some interesting stuff on the shoe company Crocs: its Maltese subsidiary appears to be responsible (on paper) for 100% of its worldwide income last year, in what he describes as a "two person office." www.nytimes.com/2026/08/05/b...nytimes.comHow Malta Became a Tax Haven for Crocs and Other U.S. Companies (Gift Article)The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes. 133
Reposted by Zorka MilinBloomberg Tax @bloombergtax.com · 06/08/2026Opinion: Congress should enact clarifying legislation to block the federal government from granting tax immunity to any president while in office and to render the current immunity order against Trump a nullity for all purposes.bit.lyGiving the President Tax Immunity Would Be Illegal and UnjustOpinion: Congress should enact clarifying legislation to block the federal government from granting tax immunity to any president while in office and to render the current immunity order against Trump a nullity for all purposes. 011
Reposted by Zorka MilinITEP @itep.org · 05/08/2026President Trump lashed out at ExxonMobil and Chevron for “making too much money" amid record profits. But these companies can thank Trump for the windfall, from his war in Iran to the enormous corporate tax cuts from his tax laws. itep.org/trump-exxon-...itep.orgTrump Says Exxon and Chevron Are Ripping Off Americans, But His Own Policies Are to BlamePresident Trump lashed out at ExxonMobil and Chevron for “making too much money." These companies are reporting enormous profits right now, partly the result of Trump’s war in Iran but also due to the... 195
Zorka Milin @zorkamilin.bsky.social · 06/08/2026My thoughts on equitable AI economy and international tax reform in @projectsyndicate.bsky.social Corporate taxes are the battleground where public trust in AI, and our governing institutions, will be won or lost. www.project-syndicate.org/commentary/g...project-syndicate.orgGlobal Tax Reform Is the Key to a Fair AI EconomyZorka Milin shows why digital-service levies are a necessary first step toward a more equitable multilateral architecture. 142
Zorka Milin @zorkamilin.bsky.social · 04/08/2026NEW from @factcoalition.bsky.social: what Microsoft's taxes reveal about tax havens, and the tax implications of hyperscalers' enormous AI investments. Is the current complex, loophole-ridden US tax code up to the task of taxing AI profits? thefactcoalition.org/ireland-ai-a...thefactcoalition.orgIreland, AI and Microsoft’s Vanishing Tax BillMicrosoft’s new financial disclosures demonstrate the challenge facing policymakers interested in taxing AI: massive investment in the sector is lowering tax collected today, and even when the technol... 042
Zorka Milin @zorkamilin.bsky.social · 31/07/2026"It's no exaggeration to say that trillionaires (Musk likely won't be the last) are creatures of the tax code. They ought to be called "taxillionaires."" 🎯 It's not right that taxes on returns to capital (but not labor) are deferred, allowing those returns to compound untaxed. We can fix this. 001
Reposted by Zorka Milinchuckcbpp.bsky.social @chuckcbpp.bsky.social · 29/07/2026New: Even before the rise of AI, the case for raising the corporate tax rate was compelling. Now, I think it’s overwhelming. news.bloomberglaw.com/business-and...news.bloomberglaw.comRaise the Corporate Tax Rate to Stem AI-Related Economic InequityOpinion: AI’s economic impacts may include more inequity and job dislocations and losses. A higher corporate rate would raise substantial revenue from the wealthy without stifling innovation or growth... 12712
Zorka Milin @zorkamilin.bsky.social · 30/07/2026The Trump administration is gutting the law that ensures big corporations pay a minimum amount of tax, and companies like Meta and Qualcomm are reaping billions. As I told @bloombergtax.com, Treasury’s regulatory actions have the cumulative effect of basically repealing CAMT. 021
Reposted by Zorka MilinDavid S. Mitchell @dsmitch28.bsky.social · 30/07/2026To summarize: the U.S. is not a broke household one missed paycheck from ruin! It's the wealthiest society in human history, one that has funneled an ever-larger share of its gains to the top and then told itself it can't afford to invest in everyone else. 132
Reposted by Zorka MilinRoosevelt Institute @rooseveltinstitute.org · 28/07/2026Tax policy can do more than benefit the wealthy and corporations. It can provide the resources for public goods, prevent wealth from distorting our economy and democracy, and help build an economy where more people can thrive.rooseveltinstitute.orgBeyond Who Pays More: How Taxes Form the Foundation of Our Economy and DemocracyIn order to understand how to evaluate the coming deluge of tax policy proposals, we must engage in a deeper question: how our tax code structures the very foundations of our economy and democracy. 095
Zorka Milin @zorkamilin.bsky.social · 23/07/2026Thank you @repdelbene.bsky.social, for leading this effort to ensure the IRS has the resources it needs to enforce our tax laws. With proper funding, the agency can take on wealthy tax cheats and big corporations that hide profits offshore, as I told the Senate. www.budget.senate.gov/imo/media/do...budget.senate.gov 001
Zorka Milin @zorkamilin.bsky.social · 22/07/2026Tax secrecy is costing investors and companies millions, as companies like Amgen hide their tax bills from their investors. And yet, American corporate establishment and the Trump administration fret about tax transparency as the real scary problem. What do they want to keep hiding? 000
Zorka Milin @zorkamilin.bsky.social · 22/07/2026American AI is such a precocious industry, it has jumped ahead by a whole century to immediately arrive to the same protectionist spot as US car industry 020
Zorka Milin @zorkamilin.bsky.social · 20/07/2026Trump says state capitalism will ensure that everyone benefits from AI. But if that's the goal he'd "support taxes on corporate profits, which exist to ensure that the benefits of economic activity are shared... Instead, this administration has undermined corporate tax" @josephestiglitz.bsky.social 011
Zorka Milin @zorkamilin.bsky.social · 20/07/2026My take on the latest revenue numbers from the global minimum tax in Politico: Of course there are less revenues when the business lobby gets its way. But the point isn't just revenues: it's to deter profit shifting, and that seems to be working. www.politico.com/newsletters/...politico.comFork in the road on Pillar Two?This shouldn’t come as a shocker, but the global minimum tax is now expected to raise less revenue because of a carve-out for U.S. companies. 010
Reposted by Zorka MilinAndrew Leahey ⚖️ @esq.social · 18/07/2026“Save” women’s sports just to defund women’s sports. Curtail “illegal” immigration just to stifle legal immigration. I don’t know man, I think there’s a pattern here. 063
Zorka Milin @zorkamilin.bsky.social · 17/07/2026👇Trump's Treasury doesn't speak for everyone in the US when they fret about corporate tax transparency. A group of lawmakers has just introduced a bill that is supported by @factcoalition.bsky.social and our members @itep.org @afscme.bsky.social @publiccitizen.bsky.social 031
Zorka Milin @zorkamilin.bsky.social · 17/07/2026Thanks @vanhollen.senate.gov @pettersen.house.gov for leading this vital legislation to pull back the curtain of tax secrecy. Increased transparency is essential to a fair corporate tax system that raises needed $ and protects American jobs from offshoring. www.vanhollen.senate.gov/news/press-r...vanhollen.senate.govVan Hollen, Pettersen Lead Lawmakers in Introducing Legislation to Bring Transparency to Corporate Abuse of Tax Havens, Job Offshoring | U.S. Senator Chris Van Hollen of MarylandWASHINGTON – Today, U.S. Senator Chris Van Hollen (D-Md.) and U.S. Representative Brittany Pettersen (D-Colo.-07) led their colleagues in... 020
Reposted by Zorka MilinITEP @itep.org · 14/07/2026New EU rules requiring greater corporate tax transparency are "very dangerous," according to the Trump administration. They're worried the public will learn too much about the way U.S. corporations use offshore tax havens. itep.org/corporate-ta...itep.orgTrump Administration Says Shining Light on Corporate Tax Avoidance is ‘Very Dangerous’Administration officials appear far more concerned about the public knowing too much about how U.S. corporations shift their income into offshore tax havens. 035
Reposted by Zorka MilinICIJ @icij.org · 15/07/2026Last month, four law enforcement groups told the U.S. Attorney General that their concern that the Clarity Act's “broad exemptions could create gaps in oversight and accountability” remains unresolved.buff.lyLaw enforcement, banks warn of money laundering gaps in major US crypto bill - ICIJThe crypto industry and law enforcement groups are in the midst of a lobbying showdown over the proposed Clarity Act. 1127
Zorka Milin @zorkamilin.bsky.social · 11/07/2026Whadya know! Top international tax official in Trump's Treasury is much more annoyed by tax transparency and frets about a "culture of damnation" The truly damning thing? Trump administration doesn't care about big US corporations stashing profits in tax havens. 011