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Obama administration takes step to curb offshore tax dodging

On Wednesday June 29, the Obama administration's Department of Treasury issued new rules which require large U.S. multinational companies to report profits and taxes on a country-by-country basis.

This is meaningful progress in Fair Share's ongoing work to end offshore tax dodging.

These new rules mean that the IRS will collect and exchange tax information on a country-by-country basis, and will show them t tax multinationals paid overseas (for companies making more than $850 million per yer). The more interesting aspect of course, are the taxes they didn't pay.

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Our statement on Supreme Court blocking progress on immigration reform

WASHINGTON, DC -- Fair Share is deeply disappointed that the Supreme Court's decision today to block progress on immigration reform. This news further clarifies the need for Congress to act.

Our immigration system is broken, and that’s bad for our country and our economy. It’s long past time to bring undocumented workers out of the shadows and allow them to join the legal, regulated workforce, with a fair shot and fair wages and the same rules as everyone else. We can fix our immigration system with a common sense, comprehensive set of reforms that ensures everyone plays by the same rules.

Panama Papers and the Need for Tax Haven Reform

In the Panama Papers, the unprecedented release of 11 million documents from a law firm in Panama, we see in great detail how the secret accounts of the global elite launder money and hide corruption.

After initial coverage focused on international figures like Vladimir Putin and Lionel Messi and their connections to secretive accounts, a June 5 New York Times article shed yet more light on how individual U.S. citizens are among those hiding their millions abroad.

The Times showed that over the past decade, the now famous Mossack Fonseca had at least 2,400 U.S.

Hunger advocates oppose attempt to gut school lunch program

The House Child Nutrition Reauthorization (CNR) bill, H.R. 5003, was voted out of the House Education and the Workforce Committee on May 18. Among the provisions opposed by Fair Share (read our statement here), is a new plan to create a three-state block grant proposal for the school meal programs.

Fair Share has joined our national allies, including FRAC, to repsond to these attacks on school meals, and any effort that would lead students to be more likely to sitting in classes hungry.

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A step backward in the fight against child hunger

As it currently stands, the Child Nutrition Act reauthorization bill (HR 5003), significantly undermines progress in addressing the problem of childhood hunger in America.

When kids are hungry, they struggle to learn. When kids don't learn, they struggle in life. Still, 16 million American kids are at risk of going hungry every day. That’s 1 out of every 5 kids. We can and we must do better.

But the legislation the Education and Workforce advanced on May 18 will make the issue worse.

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