Thursday, April 21, 2011

Citizens Object To Corporations Not Paying Share of Taxes: Mpls, The Uptake

http://theuptake.org/2011/04/19/citizens-object-to-corporations-not-paying-share-of-taxes/

Rallies were held in cities all over the country during Tax Day, yesterday, to protest the fact that many large corporations pay no taxes, and even get huge tax rebates. A Minneapolis group organized by MoveOn.org targeted Wells Fargo with $5.147 billion in unpaid taxes, Bank of America with $4 billion unpaid taxes and Fed Ex with $420 million in unpaid taxes.

Organizers say: “the pain of the economic crisis we’re in has fallen mainly on poor and middle-class Americans, while billions in tax breaks, loopholes and handouts for corporations remain untouched. … And the looming fights over the debt ceiling and the 2012 budget will only make this dynamic worse unless Congress and President Obama seek a broad and vocal movement to hold corporations accountable.”

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