April 15.
For you and me, it's the deadline for filing our 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 and on edit: I will add that just because they haven't doesn't mean they don't still suck ass. :evilgrin:
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.arizonapirg.org/action/tax-budget/tax-dodge?id4=ES* 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. and again on edit: I will add that just because they haven't doesn't mean they don't still suck ass. :evilgrin:
They are truly in the minority.
In all, 83 of the 100 biggest corporations in America have set up off-shore tax shelters, costing the rest of us as much as $100 billion a year!
President Obama has proposed a budget that invests in many of America's priorities, including education, health care, modern infrastructure and middle class tax relief. His budget will also close the loopholes that allow corporations to set up off-shore tax havens, and now it’s in the hands of Congress.
This April 15, please sign our Tax Day Declaration telling Congress to close these loopholes.
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