2 results for tag: Corporate Tax


ON THE BOOKSHELVES…“A FIGHTING CHANCE” by Elizabeth Warren

“This is a story about what’s worth fighting for, and how sometimes, even when we fight against powerful opponents, we can win.” - Elizabeth Warren, author of A Fighting Chance   Elizabeth Warren, U.S. Senator from Massachusetts has told us again and again that the system is fixed. The banking system is fixed to benefit the wealthy and the powerful. The economic system is rigged to benefit the rich. The rich have many loopholes by which to evade paying taxes. Senator Warren also has said, “What are you going to do about the fixed system? Either you can whimper and whine…or you can fight. I choose to fight.” That is the essence ...

Tax Dodger…Verizon

This is the eighth 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 Studies It is the same old story. Spend $15 million in a single year for lobbyists to convince legislators to pass laws allowing you to pay no taxes (from 2008 to 2012 Verizon actually had a negative 2.8 percent tax rate amounting to a $7.3 billion tax subsidy). Claim that low taxes create jobs and proceed to slash your workforce by 28,500 people. Drive America and her people into debt. Then have your multimillionaire CEO, Lowell McAdam, join “Fix the ...