Lorena joined ITEP in 2019. Lorena’s research focuses on a range of federal and international tax policy issues, including opportunity zones, country-by-country reporting standards and tax havens. Lorena has helped research on carbon taxes, as well as renewable tax credits and fossil fuel credits. She also analyzes data on corporate SEC financial filings for ITEP’s comprehensive corporate studies. Lorena represents ITEP as the tax policy liaison for the FACT (Financial Accountability & Corporate Transparency) Coalition.
Prior to joining ITEP, Lorena was a Federal Fiscal intern at the Center on Budget and Policy Priorities where she supported research on the Tax Cuts and Jobs Act, the 2018 public charge rule and the minimum wage. She has held internships at the U.S. House of Representatives Financial Services Committee, the Economic Innovation Group and NCRC Development. In her undergraduate career, Lorena presented research on economic inequality and racial disparities at the Federal Reserve Bank of Dallas. Lorena holds a B.A. in Economics from Southwestern University and MPP in Economic and Fiscal Policy at The George Washington University.lorena at itep.org
Recent Publications and Posts view more
For decades, profitable Fortune 500 companies have been able to manipulate the tax system to avoid paying even a dime in tax on billions of dollars in U.S. profits. This ITEP report provides the first comprehensive look at how the new corporate tax laws that took effect after the passage of the 2017 Tax Cuts and Jobs Act affects the scale of corporate tax avoidance.
On Thursday, Representative Lloyd Doggett and Senator Sheldon Whitehouse announced that they are reintroducing the “No Tax Breaks for Outsourcing Act.” Our international corporate tax rules have been a mess for a long time, and Tax Cuts and Jobs Act (TCJA) failed to resolve the problems. The old rules and the new rules under TCJA both tax offshore corporate profits more lightly than domestic corporate profits, but in different ways. The No Tax Breaks for Outsourcing Act would create rules that tax domestic profits and foreign profits in the same way.