A new report from National People’s Action and the Center for Effective Government reveals the latest corporate bait and switch: corporations are paying less than ever before in taxes, leaving state and local governments to pick up the tab.

The report, called the Disappearing Corporate Tax Base: how to reclaim lost tax revenue to rebuild state budgets offers a new way forward. If corporations paid their fair share, we could create 2.5 million new jobs, and rehire the 667,000 school teachers, first responders, and other state and city workers who remain out of work after losing their jobs to budget cuts.