Chuck Collins's blog

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Pay Up, Corporate Tax Dodgers

We're chumps unless we force Congress to stop tax haven abuse.

 Instead of cutting state and federal budgets, the United States should crack down on the corporate tax dodgers thumbing their noses at us.

Across the nation, states are making deep cuts that will wreck the quality of life for everyone to close budget gaps that total more than $100 billion.

“Do You Pay Your Taxes? Bank of America Doesn’t”

The latest from a growing international movement to make corporate tax dodgers pay … so public services don’t have to.  

 In 2009 and 2010, according to their SEC K-10 report, filed on Friday, Bank of America paid no income taxes. Meanwhile, the federal government and many state governments, facing large budget shortfalls, are cutting services and benefits that help the poor and middle class. For many people, that just doesn’t add up.

Wisconsin 2.0: Stop the Corporate Tax Dodgers

There’s a direct connection between corporate tax dodging and what’s happening in people’s lives.

 The protests in Wisconsin could easily spread.  While not every governor will recklessly attack collective bargaining, all states are facing major budget constraints.

This is the strategic moment to dramatically juxtapose the pain of local budget cuts with the scandal of corporate tax dodging.   This April 15th Tax Day, let’s make our national focus be on stopping tax haven abuse and closing corporate tax loopholes.

SOTU: Use Newfound Corporate Tax Revenue to Invest in America

Some of this revenue should be used for long overdue investments in education, health care, and energy retrofits.

 In his State of the Union speech, President Barack Obama zeroed in on the ways that corporations have gamed the tax code, saying: 

Rocky Times Ahead: Are You Ready?

This isn't a future you can, or should, face alone. How to make sure you don't have to.

 “I don’t believe the economy is getting better,” says Billy R., a member of a mutual aid group in Oregon that he jokingly calls “my reality support group.” “All around me I’m surrounded by media and advertising urging me to keep borrowing, buying, and sleepwalking. I love meeting with others who are staring down the potential risks and challenges of the future.”

Celebrating Felice Yeskel

Felice was a remarkable trainer and public speaker on issues of class, human liberation and economic justice.

 Felice Yeskel, a warrior for economic justice, has left us.  After a two-year battle with cancer, Felice died on Tuesday, January 11, surrounded by loving family and friends in Amherst, Massachusetts.

Felice was a remarkable trainer and public speaker on issues of class, human liberation and economic justice. Her irreverent sense of humor and big-hearted embrace of everyone will be greatly missed.

Tax Day Talking Points

There are two tax systems in America today: one for the privileged and one for everyone else.

Today, we have a two-tier federal tax system: one tax system for the wealthy and powerful corporations and another tax system for everyone else. The tax system for the privileged features loopholes and special provisions that enable wealthy individuals and global corporations to hide taxable income and receive special treatment. The tax system for “regular people” offers few loopholes.

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