Bermuda Mentioned In NY Times Tax Report

Trump Lets Big Corporations Dodge $40 Billion in Taxes as He Jacks Up Costs for Working Class

"While working Americans struggle to put food on the table, Trump has found another way to cut costs for the ultra-wealthy," said one House Democrat. "Same story, different day."

Trump Clears Way for Companies to Avoid Taxes in Havens

New York Times: "A year ago, the Trump administration withdrew from a global effort to curb offshore tax-dodging by multinational companies. That decision has been a huge gift to corporate America, enabling companies to avoid at least $40 billion in income taxes since the beginning of 2025.""A New Y

Bermuda Mentioned In NY Times Tax Report

A New York Times report on taxes has stated that some companies avoided taxes “by attributing hundreds of billions of dollars in earnings to low- or no-tax jurisdictions such as Cyprus, Bermuda, Switzerland, and the Cayman Islands.” The New York Times report said, “A year ago, the Trump administration withdrew from a global effort to […]