Posts Tagged ‘corporations’
Adam Ruins the Oligarchy
Posted: February 16, 2023 in -Tags: activism, Adam Conover, comedy, consolidation, corporations, fascism, mergers, Oligarchy, plutocracy, protest
Grand Theft Congress ($10 Trillion)
Posted: March 26, 2020 in -Tags: bailout, banks, congress, Coronavirus, corporations, corruption, grand theft, malfeasance
CNN stooge claims he’s “incompetent”
Posted: October 10, 2019 in -Tags: Bernie Sanders, bias, corporations, incompetent, Jimmy Dore, Lies, media corruption, media critic, propaganda
CNN: TRUSTED TO BE INCOMPETENT
How real “foreign meddling” works: SuperPacs
Posted: March 19, 2019 in -Tags: 2016, bribery, China, corporations, corruption, foreign meddling, foreign money, Intercept, Jeb Bush, SuperPACs
RECORD FINES OVER FOREIGN CAMPAIGN CONTRIBUTIONS
In a four-part investigation published in August 2016, Intercept reporters Lee Fang and Jon Schwarz uncovered evidence proving for the first time that foreign money was being funneled into U.S. elections after the Supreme Court’s decision in Citizens United. They found that a Chinese citizen directed the U.S. corporation he controlled to donate $1.3 million to a super PAC supporting Jeb Bush’s 2016 presidential campaign.
Speaking of #Boycott – Right Wing Companies
Posted: May 6, 2017 in -Tags: boycott, civic responsibility, companies, corporations, political contributions, radical right, right wing, union busting
TPP Corporatocracy Must Be Stopped
Posted: October 6, 2015 in -Tags: assault, attack, corporations, corporatocracy, human rights, labor, law, opposition, real news, rights, sovereignty, TPP
Cesspool America: Factory Pig Farms
Posted: July 24, 2015 in -Tags: air, corporations, drone, environment, factory farm, feces, pollution, rights, short film, toxic, waste, water
Corporate Ghouls Want to Steal Your DNA
Posted: June 5, 2015 in -Tags: Amazon, corporations, DNA, google, human rights, law, privacy, rights
Amazon, Google race to get your DNA into the cloud
Corporate hagiography completely ignores security and ethical issues of having your genetic blueprints available for exploitation by these corporations.
Corporate Thieves Dodge Taxes
Posted: April 15, 2015 in -Tags: corporations, criminal, evasion, Fortune 500, havens, off shore, tax, Tax Day, tax dodging, taxes
This is business as usual. This is what’s allowed by those in charge in Washington. You should be angry today.
Corporate Tax Havens Stiff Taxpayers by $110B A Year
Last year alone, the U.S. Treasury and state governments lost roughly $110 billion in tax revenues after major corporations funneled their cash through accounts in the Cayman Islands, Bermuda and other offshore tax havens, according to figures compiled by the U.S. Public Interest Research Group (PIRG).
Related: 15 Fortune 500 Companies Paid No Federal Income Taxes in 2014
Under current law, U.S. corporations are allowed to defer or delay paying federal income taxes on overseas profits to avoid a federal corporate tax rate of as much as 35 percent until this money is “repatriated” or brought back into the United States.
At least 362 companies, making up 72 percent of the Fortune 500, maintained subsidiaries in tax haven jurisdictions as of 2013.
Among the biggest beneficiaries, according to the PIRG analysis:
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Pfizer, the world’s largest drug manufacturer, paid no U.S. income taxes between 2010 and 2012 despite earning $43 billion throughout the globe. Pfizer actually received more than $2 billion in federal tax refunds.
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Microsoft maintains five tax haven subsidies and kept $92.9 billion overseas in 2014. By taking advantage of the federal tax law, Microsoft averted an additional $29.6 billion in taxes.
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Citigroup stashed $43.8 billion in offshore jurisdictions in 2014, saving itself $11.6 billion of additional taxes.