Tag Archive for Corporate Taxes

Our Multinational Fast Food Corporations are Dodging Billions in Taxes

Not only is the overconsumption of fatty, salty, and sugar-laden foods literally killing us, our multinational fast food corporations are dodging billions in taxes; earning enormous profits through franchising fees, then diverting the profits to overseas operations where they can’t be taxed by the U.S.

Consumerism is the mantra; insidious marketing is everywhere. Fast food chains providing cheap food stuffs to Americans who can afford little more ignore both the physical welfare of our citizens and the fiscal health of our country. Read the following articles and share your thoughts.

Fast food companies are dodging billions of dollars in taxes by registering their products as "intellectual property" and by diverting profits offshore. So the next time you're biting into a Big Whopper, know that you're making their headquarters in Switzerland very happy! | Susie Madrak, Crooks and Liars

From Crooks and Liars

Read more

Pages: 1 2

Public Money Continues to Supplement the Building of Private Corporate Infrastructure

Our nation is still experiencing the after-effects of major economic crisis, and yet public money continues to supplement the building of private corporate infrastructure. Time and time again, our legislators and government officials have proven that they’re willing to put the interests of the public aside in order to appease big business by lowering tax rates, offering more tax breaks, and increasing corporate subsidies.

These government subsidies do not encourage economic growth as much as productive taxpayers do, and as a result, everything from Social Security to unemployment and welfare rolls is affected. As you’ll see in the following article, when it comes to competitive business privileges—tax breaks, subsidies, overt political power—individuals and small businesses might as well fugetaboutit.

Welfare queens may actually look more like giant corporations.

From The Huffington Post

Read more

Switch to our mobile site