PEORIA -- Just in time for the holidays, here's a fascinating article that lays out the facts about corporate wealth and welfare.
Sample quote: " large corporations use every trick in the book to avoid paying state and local taxes. A recent joint report by the Institute on Taxation and Economic Policy and Citizens for Tax Justice reveals that 265 large corporations avoided $42.7 billion in taxes from 2008 to 2010. That’s enough money to hire more than one million teachers! Instead, we are firing teachers in the name of fiscal austerity."
The report, Corporate Tax Dodging in the 50 States, names names.
This is beyond disgusting. The Occupy movement seeks to turn this around. It won't be easy, but it's possible, as this article indicates.
Happy holidays.
-- Elaine Hopkins
And, in addition: Here's a fascinating list of books recommended by Ralph Nader. I don't always agree with what Nader does (re: the 2000 election) but these books looks great.
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