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Bernie Sanders Vows to Crack Down on Greedy Corporate Tax Dodgers
http://www.commondreams.org/news/2016/01/29/bernie-sanders-vows-crack-down-greedy-corporate-tax-dodgersSingling out what he dubs the "top 10 corporate tax dodgers," Bernie Sanders on Friday pledged to close loopholes that let huge corporations avoid paying their fair share in taxes.
The list (pdf) includes General Electric, Boeing, Bank of America, Citigroup, and Merck, and notes that several of the companies' CEOs, even as they sit on massive retirement savings, want to raise the eligibility age for—and make significant cuts to—social safety net programs like Medicare and Social Security.
"In America today we are losing $100 billion in revenue every single year because large corporations are stashing their profits in the Cayman Islands and other offshore tax havens," Sanders said during a swing through eastern Iowa three days before the state holds its first-in-the-nation caucuses.
The list (pdf) includes General Electric, Boeing, Bank of America, Citigroup, and Merck, and notes that several of the companies' CEOs, even as they sit on massive retirement savings, want to raise the eligibility age for—and make significant cuts to—social safety net programs like Medicare and Social Security.
"In America today we are losing $100 billion in revenue every single year because large corporations are stashing their profits in the Cayman Islands and other offshore tax havens," Sanders said during a swing through eastern Iowa three days before the state holds its first-in-the-nation caucuses.
Anyone who says "we can't afford" health care for all, or free college, or or or .... THIS is the answer. We can't "afford" it because our Corporate Overlords don't pay anything like a fair share - aided and abetted by their toadies in both parties.
A note: I can't keep up with all the rules for posting what where around here - this seems to me to be an issue that should be of interest in the primaries. If I'm wrong, I apologize for posting in the wrong place.
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and don't worry, if you mention Bernie in a positive light, it's better to post it here or in his group.
