Tag: american corporations

10 companies that make money but pay no taxes

Any time that the system to rigged that you can make millions, and and some cases billions, of dollars in profits yet pay no US taxes, there is a problem. We have to fix this problem. From Mother Jones: Between 2008 and 2011, 26 major American corporations paid no net federal income taxes despite bringing in billions in profits, according to a new report (PDF) from the nonprofit research group Citizens for Tax Justice. CTJ calculates that if the companies had paid the full 35 percent corporate tax rate, they would have put more than $78 billion into government coffers. Here’s a look at

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BOA, Stop Ripping off Americans

The problem in this country is that making money isn’t enough. In the Wall Street environment that we have now, you always have to make more money than you did last quarter and more than you did last year. This is an impossible task to do forever, obviously, but Wall Street punishes those who don’t crank up the money machine. So, the fact that Bank of America is making money ain’t enough. They need to make more money. So instead of doing something like earning it, they thought that abusing their own customers was a good idea. They decided that they

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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