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State government ethics a work in (sort of) progress

As lawmakers continue debating ethics and transparency in Georgia government, with the hourglass emptying fast on the 2013 session, yet another independent nonprofit think tank has given the state a less than encouraging grade.

Media Hit | Tax

Tax havens and tax refund fraud

States with budget shortfalls are struggling to account for the revenue gaps. One way to boost their economic health would be for states and the federal government to close corporate tax loopholes, writes an official for a nonprofit consumer group. A certified public accountant suggests changes in the U.S. tax code would raise revenue but might also cause substantial job losses. A third writer talks about stopping tax refund fraud.

 

Media Hit | Tax

Georgia PIRG: Tax offshoring costs Georgia $569 million

A Georgia consumer group claims the state lost $569 million in corporate income taxes in 2011 from companies using offshore tax havens.

In a study released Tuesday, Georgia Public Interest Research Group Education Fund said “states automatically lose billions of dollars in revenue each year simply because their tax codes are closely linked to federal tax codes. When multinational firms shift the reporting of profits offshore on their federal taxes, those profits go un- reported for state tax purposes too.”

Watchdog group: Atlanta flunks transparency test

The city of Atlanta got an “F” for spending transparency in a study of the 30 largest American cities by a Georgia watchdog group.

Atlanta Gets "F" for Spending Transparency

How transparent is Atlanta’s city government when it comes to spending? Not very, according to a report released by a consumer advocacy group today.

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Some of the nation’s best-known companies — including GE, Google and Goldman Sachs — have avoided paying the taxes they owe, costing us $100 billion last year.

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