Economics


Corporate Tax Dodger…Apple

Apple
This is the seventh in a series on corporate tax dodgers. This summary is taken directly from the report on Apple Tax Dodging by Americans for Tax Fairness and the Institute for Policy StudiesPurchase the legislators and legislation which allow you to “legally” pay few, if any taxes:“Apple could spend $4 million lobbying politicians on the Hill, twice what the company spent last year and more than 20 times the $180,000 it spent in 1999, according to Reuters. The bump in lobbying spending comes with the iPhone maker under fire for allegedly being one of the ...

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Corporate Tax Dodger…Merck

Presciption drug bottle
This is the sixth in a series on corporate tax dodgers. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy StudiesDo everything in your power to drive America into debt by spending $9.5 million in 2012 alone lobbying congress to write laws allowing you to avoid paying taxes. Offshore $53.4 billion in profits on which you have paid no U.S. taxes. Pocket $8.7 billion in taxpayer funded contracts from Uncle Sam – largely for pharmaceuticals provided to Medicare. Then have your CEO, ...

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Corporate Tax Dodger…Pfizer

Elderly Prescription Costs
This is the fifth in a series on corporate tax dodgers. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy StudiesFirst you use research from the National Institutes of Health and major public universities, funded by average American taxpayers, to help develop your highly profitable prescription drugs. Then you spend millions of dollars on lobbyists to convince legislators to write laws forbidding the U.S. Government to seek competitive bids on drug prices, thus ensuring American ...

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Corporate Tax Dodger…General Electric

Government Lobby
Corporate Tax Dodger . . . General Electric This is the fourth in a series on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy Studies “Over the last 15 years, GE has spent more than $284 million lobbying Congress, an average of $100,000 every working day for the last decade and a half.”Given that General Electric (GE) is one of the largest tax dodgers in America, it is a complete mockery of hardwo...

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Wausau Move to Amend in the Wausau Daily Herald

Move to amend
A group of Wausau citizens are working to protect our democracy.  They are looking to get the money out of politics and having our government more accountable to the citizens, not to whoever gives the most money.  Super PACs and lobbyists are drowning out the ordinary person’s voice and putting our representatives in a difficult position.  These representatives find it difficult to listen to the people when the “big” money speaks louder.  With a Constitution amendment regulations again can be put on campaign finances and all citizens will have a voice.Read ...

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Who’s Helped By Raising The Minimum Wage?

Minimum Wage Protest
The minimum wage struggle is an issue which affects so many individuals and families

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Corporate Tax Dodgers . . . Citigroup

Money Hanging
This is the third in a series on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy Studies It isn’t enough that Citigroup was among the Wall Street banks whose fraudulent and predatory “exotic financial instruments” caused the collapse of our economy. It isn’t enough that they were bailed out with hundreds of billions of public tax dollars. It isn’t enough that Citigroup’s tax dodging is driving ...

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Demand a New Approach in Iraq

Iraq Protest
President Obama's decision to sent 300 special forces “trainers” to Iraq is taking us back to war and the same mistakes of the past. It will not help the situation in Iraq. We spent 11 years “training” the Iraqi police and military. Why do we think 300 can do now what 150,000 could not do before?The deteriorating situation in Iraq proves that our intervention and occupation failed. It did not build a stable country. It did not promote democracy. It did not defeat extremism or curb terrorism. It only killed people and wasted money. Why do we continue to throw ...

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Corporate Tax Dodgers . . . Bank of America

Corporate Tax Rate
This is the second in a series on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy StudiesBank of America is one of the "too big to fail" "to big to jail" Wall Street banks whose unethical practices led to the economic collapse in 2007-2008. Bank of America received billions of public tax dollars to keep it afloat during the recession. Because of the bank's abusive lending practices, hundreds of thousands of ...

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Corporate Tax Dodgers . . . Microsoft

More Profit
This is the first in a series of articles on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for policy studies  It is a bitter irony that some of the wealthiest people in America, those most responsible for causing government debt, are doing everything in their power to balance the budget on the backs of average workers. Yet this is the case.  Multi-billionaire Steve Ballmer, CEO of Microsoft, one of the largest ...

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