It seems incomprehensible that Boeing, Ford, Chevron, Citigroup, Verizon, JP Morgan, and General Motors, with a combined income last year of $74 billion, would pay no taxes, and in fact receive a combined refund of nearly $2 billion. The data comes from a new study called Fleecing Uncle Sam, which goes on to note that the unpaid taxes of almost $26 billion could pay for Pre-K education for every 4-year old in America. Is there an answer to all this? Only if we victims work together toward the singular goal of stemming corporate power, especially in the financial industry. To do this, as Les Leopold says, we will need something like an Occupy 2.0. Otherwise the rip-offs will continue.
Posted on: Tue, 25 Nov 2014 15:10:11 +0000
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