The US loses 100 billion dollars a year due to corporate tax avoidance where corporations pretend like their profits came from low tax areas like the small island country of Malta.
The US loses 100 billion dollars a year due to corporate tax avoidance where corporations pretend like their profits came from low tax areas like the small island country of Malta. This is about equal to the budget of the food stamps program. It's about equal to how much Medicaid spends on children's healthcare. The Biden administration was trying to alleviate this, but Trump ended attempts to do so.
Posted Aug 10, 2026, 4:16 PM UTC
10