taxes

Shortchanging America

Shortchanging America

Verizon is the poster child for corporate irresponsibility.

By Chuck Collins and Scott Klinger

Six Rigged Rules Corporations Use to Dodge Taxes

Examples of how large corporations have rigged the tax rules to ensure that those who have the most get to amass even more, at the expense of everyone else.

Finally, Obama's Talking about Taxing the Wealthy

He has public opinion on his side.

President Obama has broken through the silence about revenue in Washington's dominant budget and deficit debate.

 "At a time when the tax burden on the wealthy is at its lowest level in half a century, the most fortunate among us can afford to pay a little more," Obama said in a speech at Georgetown University on Wednesday. "I don't need another tax cut. Warren Buffett doesn't need another tax cut."

Unnecessary Shutdown, Unnecessary Austerity

Government must stop doling out ever-larger tax breaks to the superrich and vast corporations.

Have you heard? America is broke, according to many governors and lawmakers.

They're calling for deep cuts in teacher pay, firing cops, slashing medical services for working-class kids, and scrapping other essential services to narrow state and federal budget deficits.

We Don't Need to Shut Down the Government: Tax the Wealthy and Deadbeat Corporations to Close Budget Gaps

If corporations and households with $1 million income paid at the same levels they did in 1961, the Treasury would collect an additional $716 billion a year.

 

Hey Congress, Want $400 Billion in New Annual Revenue?

Government must stop doling out ever-larger tax breaks to the superrich and vast corporations.

 Have you heard? America is broke, according to many governors and lawmakers.

War Against the Middle Class

Why is the middle class shrinking?

By David Korten

“Do You Pay Your Taxes? Bank of America Doesn’t”

The latest from a growing international movement to make corporate tax dodgers pay … so public services don’t have to.  

 In 2009 and 2010, according to their SEC K-10 report, filed on Friday, Bank of America paid no income taxes. Meanwhile, the federal government and many state governments, facing large budget shortfalls, are cutting services and benefits that help the poor and middle class. For many people, that just doesn’t add up.

Wisconsin 2.0: Stop the Corporate Tax Dodgers

There’s a direct connection between corporate tax dodging and what’s happening in people’s lives.

 The protests in Wisconsin could easily spread.  While not every governor will recklessly attack collective bargaining, all states are facing major budget constraints.

This is the strategic moment to dramatically juxtapose the pain of local budget cuts with the scandal of corporate tax dodging.   This April 15th Tax Day, let’s make our national focus be on stopping tax haven abuse and closing corporate tax loopholes.

SOTU: Use Newfound Corporate Tax Revenue to Invest in America

Some of this revenue should be used for long overdue investments in education, health care, and energy retrofits.

 In his State of the Union speech, President Barack Obama zeroed in on the ways that corporations have gamed the tax code, saying: 

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