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Each year, major corporations and individuals avoid as much as $100 billion a year in federal taxes by “off-shoring” the money they make here in the U.S. or by setting up sham headquarters in tax haven countries. Taxpayers are left footing the bill.
According to "Tax Shell Game: What Do Tax Dodgers Cost You?" a new Texas Public Interest Research Group (TexPIRG) report, this results in an average of $500 in additional tax burden for taxpayers. Here in Texas, it’s $539 per taxpayer. |
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The ability to see how government uses the public purse is fundamental to democracy. Spending transparency checks corruption, bolsters public confidence in government, and promotes fiscal responsibility. |
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