tax returns
But for many of America's biggest and most well-known corporations, it's just another day at the beach.
That's because while you and I pay our fair share, these multi-billion dollar corporations have set up off-shore "headquarters" in places like the Cayman Islands to dodge their tax obligations.
While the rest of us struggle to do our part, and America looks for ways to fund urgent priorities -- including education, health care, modern infrastructure and middle class tax relief -- it's unacceptable that even one company skips out on paying its taxes.
But it's a lot more than just one company.
In fact, only one of the ten companies listed below has NOT set up offshore accounts to avoid their taxes.
AIG * American Express * Bank of America * Comcast * Coca-Cola * Dell * Exxon-Mobil * Home Depot * Pepsi * Pfizer
Of the ten companies listed above, only Home Depot has not set up an offshore subsidiary to avoid paying its taxes.
President Obama has proposed a budget that closes the loopholes that allow corporations to set up off-shore tax havens.
But lobbyists for many of these powerful interests are lining up to make sure they keep these loopholes intact. Congress is preparing to debate the president's budget right now. They need to hear from us.
Use the link below to sign our Tax Day Declaration telling Congress to close the loopholes that allow tax-dodging corporations to set up offshore accounts.
http://www.wispirg.org/action/tax-budget/tax-dodge?id4=ES
Sincerely,
Bruce Speight
WISPIRG Advocate
0 Comments:
Post a Comment