Zorka Milin
@zorkamilin.bsky.social
Lawyer and whatnot, tweeting on tax, corruption, climate and energy. Policy director @factcoalition.bsky.social, but own views here. Happy to help. 🌎🌏🌍
“US hasn’t engaged in international tax community as it should. MNCs should want the US to be in those rooms. US should be a leader, as we were on FATCA, a powerful moment of international tax collaboration. That wasn’t that long ago. We can get that back.” 👏
Danny Werfel at @taxnotes.com conference
Danny Werfel at @taxnotes.com conference
November 5, 2025 at 6:34 PM
“US hasn’t engaged in international tax community as it should. MNCs should want the US to be in those rooms. US should be a leader, as we were on FATCA, a powerful moment of international tax collaboration. That wasn’t that long ago. We can get that back.” 👏
Danny Werfel at @taxnotes.com conference
Danny Werfel at @taxnotes.com conference
Are American taxpayers subsidizing ExxonMobil’s partnership with a Chinese state-owned oil company to produce oil in Guyana?
@whitehouse.senate.gov @merkley.senate.gov @vanhollen.senate.gov raise important questions about the taxes that Exxon is or isn't paying in Guyana and the US.
@whitehouse.senate.gov @merkley.senate.gov @vanhollen.senate.gov raise important questions about the taxes that Exxon is or isn't paying in Guyana and the US.
September 23, 2025 at 8:44 PM
Are American taxpayers subsidizing ExxonMobil’s partnership with a Chinese state-owned oil company to produce oil in Guyana?
@whitehouse.senate.gov @merkley.senate.gov @vanhollen.senate.gov raise important questions about the taxes that Exxon is or isn't paying in Guyana and the US.
@whitehouse.senate.gov @merkley.senate.gov @vanhollen.senate.gov raise important questions about the taxes that Exxon is or isn't paying in Guyana and the US.
Why would some business interests prefer for Congress to fly blind in tax policymaking? 🤔
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
September 22, 2025 at 1:00 PM
Why would some business interests prefer for Congress to fly blind in tax policymaking? 🤔
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
shot:
WSJ "Oil Tycoons Bet Big on Trump. It’s Paying Off."
chaser:
FT "Big Oil slashes jobs and investments as low crude prices bite"
(these headlines were approx. 24 hours apart)
WSJ "Oil Tycoons Bet Big on Trump. It’s Paying Off."
chaser:
FT "Big Oil slashes jobs and investments as low crude prices bite"
(these headlines were approx. 24 hours apart)
September 9, 2025 at 3:46 PM
shot:
WSJ "Oil Tycoons Bet Big on Trump. It’s Paying Off."
chaser:
FT "Big Oil slashes jobs and investments as low crude prices bite"
(these headlines were approx. 24 hours apart)
WSJ "Oil Tycoons Bet Big on Trump. It’s Paying Off."
chaser:
FT "Big Oil slashes jobs and investments as low crude prices bite"
(these headlines were approx. 24 hours apart)
"Working families tax plan"?
Because I guess "big multinational corporations tax plan" isn't catchy enough?
Because I guess "big multinational corporations tax plan" isn't catchy enough?
September 4, 2025 at 6:10 PM
"Working families tax plan"?
Because I guess "big multinational corporations tax plan" isn't catchy enough?
Because I guess "big multinational corporations tax plan" isn't catchy enough?
how it started (Jan 2025)
how it's going: $57 billion tax windfall for Google, Facebook, Amazon, and Microsoft from Trump tax cuts 2.0
how it's going: $57 billion tax windfall for Google, Facebook, Amazon, and Microsoft from Trump tax cuts 2.0
August 7, 2025 at 12:38 AM
how it started (Jan 2025)
how it's going: $57 billion tax windfall for Google, Facebook, Amazon, and Microsoft from Trump tax cuts 2.0
how it's going: $57 billion tax windfall for Google, Facebook, Amazon, and Microsoft from Trump tax cuts 2.0
$200m ransom isn't a smart deal for Columbia given that the sword of Damocles is still hanging over them (see below). They just got a reprieve. The sharks will be back once they smell blood. As you put it so well: "the problem with paying ransom is that it incentivizes the taking of more hostages"
July 24, 2025 at 4:37 PM
$200m ransom isn't a smart deal for Columbia given that the sword of Damocles is still hanging over them (see below). They just got a reprieve. The sharks will be back once they smell blood. As you put it so well: "the problem with paying ransom is that it incentivizes the taking of more hostages"
Why are @democrats.org intent on using taxes as a dirty word?
It's a really bad call, already been tried (and failed) with tariffs.
+1 @vanessawilliamson.bsky.social
It's a really bad call, already been tried (and failed) with tariffs.
+1 @vanessawilliamson.bsky.social
July 18, 2025 at 8:38 PM
Why are @democrats.org intent on using taxes as a dirty word?
It's a really bad call, already been tried (and failed) with tariffs.
+1 @vanessawilliamson.bsky.social
It's a really bad call, already been tried (and failed) with tariffs.
+1 @vanessawilliamson.bsky.social
Green industrial policy split screen
July 2, 2025 at 1:36 PM
Green industrial policy split screen
Wise words from FT ed-board in the closing paragraph.
Striking, very stark contrast with WSJ ed-board taking a victory lap (while dismissing FT as "our competitors in pink" 😆)
Striking, very stark contrast with WSJ ed-board taking a victory lap (while dismissing FT as "our competitors in pink" 😆)
July 1, 2025 at 9:12 PM
Wise words from FT ed-board in the closing paragraph.
Striking, very stark contrast with WSJ ed-board taking a victory lap (while dismissing FT as "our competitors in pink" 😆)
Striking, very stark contrast with WSJ ed-board taking a victory lap (while dismissing FT as "our competitors in pink" 😆)
Great comment from @dashching.bsky.social @taxlawcenter.org on the international "revenge tax" in the Republican bill, which puts at risk domestic jobs and growth.
So much for America First!
apnews.com/article/trum...
So much for America First!
apnews.com/article/trum...
June 17, 2025 at 3:11 PM
Great comment from @dashching.bsky.social @taxlawcenter.org on the international "revenge tax" in the Republican bill, which puts at risk domestic jobs and growth.
So much for America First!
apnews.com/article/trum...
So much for America First!
apnews.com/article/trum...
2017 tax reform made some progress on international tax, albeit imperfect, which the 2025 tax bill undermines. At the same time, the rest of the world is moving forward in tackling corporate abuse of tax havens (the current US government opposes those efforts).
June 15, 2025 at 2:56 AM
2017 tax reform made some progress on international tax, albeit imperfect, which the 2025 tax bill undermines. At the same time, the rest of the world is moving forward in tackling corporate abuse of tax havens (the current US government opposes those efforts).
The company that will benefit from the $1b offshore tax handout they lobbied for is touting their $100k donations to "underprivileged communities" in the US Virgin Islands.
Perhaps the communities would be less underprivileged if you stepped up and paid a minimum amount of tax?
Perhaps the communities would be less underprivileged if you stepped up and paid a minimum amount of tax?
June 15, 2025 at 2:56 AM
The company that will benefit from the $1b offshore tax handout they lobbied for is touting their $100k donations to "underprivileged communities" in the US Virgin Islands.
Perhaps the communities would be less underprivileged if you stepped up and paid a minimum amount of tax?
Perhaps the communities would be less underprivileged if you stepped up and paid a minimum amount of tax?
I shared my thoughts with @taxnotes.com on the ill-advised Senate international tax bill that would cut taxes even more for foreign profits of American corporations.
Why are Republicans doubling down on the America-last tax code?
www.taxnotes.com/tax-notes-to...
Why are Republicans doubling down on the America-last tax code?
www.taxnotes.com/tax-notes-to...
June 11, 2025 at 10:11 PM
I shared my thoughts with @taxnotes.com on the ill-advised Senate international tax bill that would cut taxes even more for foreign profits of American corporations.
Why are Republicans doubling down on the America-last tax code?
www.taxnotes.com/tax-notes-to...
Why are Republicans doubling down on the America-last tax code?
www.taxnotes.com/tax-notes-to...
A crucial insight by @kylepomerleau.bsky.social and @stanveuger.bsky.social of AEI on the so-called "revenge tax":
It could undermine foreign investment just to have this law on the books, regardless of whether and how Treasury exercises its broad discretion.
It could undermine foreign investment just to have this law on the books, regardless of whether and how Treasury exercises its broad discretion.
June 4, 2025 at 9:53 PM
A crucial insight by @kylepomerleau.bsky.social and @stanveuger.bsky.social of AEI on the so-called "revenge tax":
It could undermine foreign investment just to have this law on the books, regardless of whether and how Treasury exercises its broad discretion.
It could undermine foreign investment just to have this law on the books, regardless of whether and how Treasury exercises its broad discretion.
👇 Important insights on the so-called "revenge" tax in the big US budget bill, from @dashching.bsky.social @taxlawcenter.org
Key takeaway for foreign policymakers: given major legal questions and huge self-harm to the US economy, don't be bullied into ceding your tax ground!
Key takeaway for foreign policymakers: given major legal questions and huge self-harm to the US economy, don't be bullied into ceding your tax ground!
June 3, 2025 at 1:44 PM
👇 Important insights on the so-called "revenge" tax in the big US budget bill, from @dashching.bsky.social @taxlawcenter.org
Key takeaway for foreign policymakers: given major legal questions and huge self-harm to the US economy, don't be bullied into ceding your tax ground!
Key takeaway for foreign policymakers: given major legal questions and huge self-harm to the US economy, don't be bullied into ceding your tax ground!
9/ Tucked in 100s of pages is a tax benefit for certain investors in US Virgin Islands. It won't help US VI development - doesn't cover future investors, only those already invested. Smells like pork.
2 years ago, lobbyists threw a fundraising party in VI for top House taxwriter Jason Smith
2 years ago, lobbyists threw a fundraising party in VI for top House taxwriter Jason Smith
May 15, 2025 at 6:16 PM
9/ Tucked in 100s of pages is a tax benefit for certain investors in US Virgin Islands. It won't help US VI development - doesn't cover future investors, only those already invested. Smells like pork.
2 years ago, lobbyists threw a fundraising party in VI for top House taxwriter Jason Smith
2 years ago, lobbyists threw a fundraising party in VI for top House taxwriter Jason Smith
6/ R tax bill adds a misguided, possibly unlawful, tariff-like punitive tax on companies & individuals from countries whose tax policies Republicans don't like. Goal: change foreign tax laws by brute force and undo recent global tax cooperation against corporate tax avoidance.
It won't end well.
It won't end well.
May 15, 2025 at 6:16 PM
6/ R tax bill adds a misguided, possibly unlawful, tariff-like punitive tax on companies & individuals from countries whose tax policies Republicans don't like. Goal: change foreign tax laws by brute force and undo recent global tax cooperation against corporate tax avoidance.
It won't end well.
It won't end well.
4/ Of note, Big Tech is a big beneficiary of one of these low international tax rates, called "FDII" - a tax break on their windfall income from exports. Current House bill makes it permanent.
Much better: repeal it and put $363 billion to better uses! thefactcoalition.org/fact-sheet-c...
Much better: repeal it and put $363 billion to better uses! thefactcoalition.org/fact-sheet-c...
May 15, 2025 at 6:16 PM
4/ Of note, Big Tech is a big beneficiary of one of these low international tax rates, called "FDII" - a tax break on their windfall income from exports. Current House bill makes it permanent.
Much better: repeal it and put $363 billion to better uses! thefactcoalition.org/fact-sheet-c...
Much better: repeal it and put $363 billion to better uses! thefactcoalition.org/fact-sheet-c...
2/ First, the bill makes big multinational corporations happy by permanently extending the 2017 tax rates on certain offshore income, which were scheduled to increase after this year.
This is no small change, whether $174 billion (per JCT) or $410 (per Penn-Wharton)
This is no small change, whether $174 billion (per JCT) or $410 (per Penn-Wharton)
May 15, 2025 at 6:16 PM
2/ First, the bill makes big multinational corporations happy by permanently extending the 2017 tax rates on certain offshore income, which were scheduled to increase after this year.
This is no small change, whether $174 billion (per JCT) or $410 (per Penn-Wharton)
This is no small change, whether $174 billion (per JCT) or $410 (per Penn-Wharton)
Handy chart of senior IRS officials who have resigned. Jaw dropping.
Via @vanessawilliamson.bsky.social
Via @vanessawilliamson.bsky.social
April 23, 2025 at 4:40 PM
Handy chart of senior IRS officials who have resigned. Jaw dropping.
Via @vanessawilliamson.bsky.social
Via @vanessawilliamson.bsky.social
Did you know that our tax code subsidizes major American oil companies to go abroad and drill, baby, drill, but not domestically?
Does that sound like "America First" to you?
Does that sound like "America First" to you?
March 25, 2025 at 3:39 PM
Did you know that our tax code subsidizes major American oil companies to go abroad and drill, baby, drill, but not domestically?
Does that sound like "America First" to you?
Does that sound like "America First" to you?
Yes exactly!
Why haven't they stepped up?
To add to the "quiet appeasement" theory, I suspect that both corporate and academic leaders are eager for tax cuts (or more precisely, to prevent tax increases). Short-sighted and misguided to be sure, but likely a big factor.
2 FT headlines:
Why haven't they stepped up?
To add to the "quiet appeasement" theory, I suspect that both corporate and academic leaders are eager for tax cuts (or more precisely, to prevent tax increases). Short-sighted and misguided to be sure, but likely a big factor.
2 FT headlines:
March 18, 2025 at 9:54 PM
Yes exactly!
Why haven't they stepped up?
To add to the "quiet appeasement" theory, I suspect that both corporate and academic leaders are eager for tax cuts (or more precisely, to prevent tax increases). Short-sighted and misguided to be sure, but likely a big factor.
2 FT headlines:
Why haven't they stepped up?
To add to the "quiet appeasement" theory, I suspect that both corporate and academic leaders are eager for tax cuts (or more precisely, to prevent tax increases). Short-sighted and misguided to be sure, but likely a big factor.
2 FT headlines:
Split screen:
🇺🇸 failing at taxing domestic oligarchs + turning into a tax haven for foreign oligarchs, as US President just proposed
🇪🇺 top tax expert calls on Europe to tax American oligarchs, in response to US trade bullying.
Bravo @gabrielzucman.bsky.social for meeting the moment
🇺🇸 failing at taxing domestic oligarchs + turning into a tax haven for foreign oligarchs, as US President just proposed
🇪🇺 top tax expert calls on Europe to tax American oligarchs, in response to US trade bullying.
Bravo @gabrielzucman.bsky.social for meeting the moment
March 1, 2025 at 4:19 PM
Split screen:
🇺🇸 failing at taxing domestic oligarchs + turning into a tax haven for foreign oligarchs, as US President just proposed
🇪🇺 top tax expert calls on Europe to tax American oligarchs, in response to US trade bullying.
Bravo @gabrielzucman.bsky.social for meeting the moment
🇺🇸 failing at taxing domestic oligarchs + turning into a tax haven for foreign oligarchs, as US President just proposed
🇪🇺 top tax expert calls on Europe to tax American oligarchs, in response to US trade bullying.
Bravo @gabrielzucman.bsky.social for meeting the moment
Must-read @nytimes.com oped from the always insightful @kclausing.bsky.social on the tax-tariff switcheroo:
February 25, 2025 at 5:19 PM
Must-read @nytimes.com oped from the always insightful @kclausing.bsky.social on the tax-tariff switcheroo: