We
all know that Apple isn’t paying its fair share of income taxes. We
know that it’s using complicated legal and financial loopholes only
available to the biggest corporations to shirk their responsibility. And
we know that Apple is doing this legally. Well, it’s time to change
that.
Apple
isn’t the problem – it’s the symptom. The current tax system has been
rigged by fat-cat lobbyists in Washington who have made the tax system
as porous as a sieve. It allows corporations to dodge hundreds of
billions in taxes every year. That means you and I and the small
businesses on Main Street have to make up for tax dodging by huge
companies like Apple, GE, Verizon, Bank of America and more.
We
just can’t afford that anymore. Not when our nation faces crumbling
bridges, roads and highways, when too many of our children are being
kicked out of Head Start, and when research for new disease cures goes
unfunded – all because of large across-the-board spending cuts by
Congress.
We
can end the loopholes that make it attractive for Apple to keep $100
billion in profits stashed in offshore accounts to avoid U.S. taxes. We
can end the practice of counting companies as foreign corporations that
pay little if anything in taxes even if they’re managed and controlled
in the United States. We can force companies to pay their fair share –
because they’re certainly not going to pay up if we ask politely. That’s
why we need to pass this bill.
Onward,
Frank
Campaign Manager
Americans for Tax Fairness
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.