REPUBLICANS PERMIT IT, DEMOCRATS PERMIT IT. CORPORATIONS RUN THEM BOTH
CBS, Xerox, and Time Warner pay ZERO in taxes. In fact, they get money back! In 2014 alone, CBS raked in $235 million in tax refunds. Xerox got $16 million. Time Warner, $26 million.
It’s criminal that billion-dollar companies have lower tax rates than those of us just trying to make ends meet. Sign our petition and demand these 6 changes that would make corporations pay their fair share.
Every single year, we’re told that we need massive cuts to services we all need - education, Social Security, scientific research, Medicare - to pay down our national debt.
There are 6 loopholes in tax law that make it possible for the world’s most profitable corporations to pay nothing in taxes, then turn around and rake in millions of dollars — your tax dollars! — in refunds.
These loopholes must be closed, and they must be closed now.
Tell the President and the Secretary of the Treasury: close these loopholes and make corporations pay their dang taxes in 2016.