Tax & Budget Policy News

Statement from Nicole Tichon, Tax and Budget Reform Advocate for U.S. PIRG

WASHINGTON, October 27 - “The Foreign Account Tax Compliance Act of 2009 is a step in the right direction to reform a broken system where tax dodging individuals and corporations offload their burden on ordinary taxpayers.

“Holding foreign banks and corporations accountable for their clients can only help the process of ending bank secrecy. However, the bill can certainly be improved by giving the U.S. government even stronger enforcement mechanisms and by taking bold action against offshore shell companies.”

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U.S. PIRG, the federation of state Public Interest Research Groups, is a non-profit, non-partisan public interest advocacy organization.
For more information on U.S. PIRG’s campaign to Close Corporate Tax Loopholes, click here.
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