Budget

Some U.S.-based multinational firms or individuals avoid paying U.S. taxes by transferring their earnings to tax haven countries with minimal or no taxes. These tax haven users benefit from their access to America’s markets, workforce, infrastructure and security; but they pay little or nothing for it—violating the basic fairness of the tax system and forcing other taxpayers to pick up the tab. Even when tax haven abusers act perfectly legally, they force other Americans to shoulder the burden in a variety of ways - by other Americans paying higher taxes, coping with cuts to public spending priorities, or increasing the federal debt.

The ability to see how government uses the public purse is fundamental to democracy. Transparency in government spending promotes fiscal responsibility, checks corruption, and bolsters public confidence