The First Wave of Filings Fuels “America-Last” Claims
Now the early results are fueling a fresh round of tax-code scrutiny. The FACT Coalition on February 6, 2026, said the first wave of filings shows a pattern it calls “America-last”: companies with major U.S. operations paying surprisingly little in U.S. federal income taxes while sending larger checks to foreign governments, including in places often associated with tax avoidance strategies.
Georges said the cash-tax breakdowns are already showing “companies paying substantially more tax to foreign governments than… the US federal government,” a pattern he said is turning up even among “iconic American brands.”
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