Meet the Top Wall Street and Corporate Tax Dodgers

Dublin Core

Title

Meet the Top Wall Street and Corporate Tax Dodgers

Subject

The Business Roundtable of top tax avoiders, dodgers, and evaders

Description

This eleven page report from Senator Bernie Sanders, Vermont, gives 31 examples of big business paying no taxes (or lesser rates than the average American) and some ideas of how much it costs us to let them skate.

Creator

The office of Senator Bernie Sanders, Vermont

Source

http://www.sanders.senate.gov/imo/media/doc/Tax-Dodge-Report-3.pdf‎

Publisher

The office of Senator Bernie Sanders, Vermont

Contributor

The office of Senator Bernie Sanders, Vermont

Format

PDF - 11 pp

Language

English

Document Item Type Metadata

Text

"The Business Roundtable represents some of the largest Wall Street and corporate tax avoiders in the country."

"Many of the corporations and Wall Street banks represented by the Business Roundtable have:

* avoided more than $128 billion in taxes by setting up over 500 subsidiaries in the Cayman Islands, Bermuda, and other offshore tax havens since 2008;

* received more than $6.5 billion in tax refunds from the IRS, after making billions in profits;

* outsourced hundreds of thousands of American jobs to China and other low wage countries, forcing their workers to receive unemployment insurance and other federal benefits; and

* received a total taxpayer bailout of more than $2.5 trillion from the Federal Reserve and the Treasury Department and nearly caused the economy to collapse over four years ago."

Collection

Citation

The office of Senator Bernie Sanders, Vermont, “Meet the Top Wall Street and Corporate Tax Dodgers,” An Open Educational Resource Library, accessed June 18, 2018, http://ows.ettruck.com/items/show/157.

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License

Creative Commons License