Posted on 20 May 2014. Tags: Apple, Citizens for Tax Justice, Corporate Greed, Fortune 500, General Electric, Merck, Offshoring, Pfizer, Taxes
Big money. Two trillion dollars. If you could touch it, it would reach…oh, I dunno, I’m not going to tell you how high that stack would go and, actually, the point is, you can’t touch it: it’s stashed overseas. In corporate bank accounts. But, here’s the beauty: if you want to know what it feels when the Fortune 500 fleece the country to the tune of $550 billion in dodged taxes on that $2 trillion hiding in foreign bank accounts, just pull out your billfold…empty…well, that’s cuz the tab for that fleecing is on YOU.
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Posted in General Interest
Posted on 06 May 2011. Tags: CEOs, Corporate Profits, ExxonMobil, Fortune 500, Greed, Middle Class, Poverty, Temporary Workers, Unions, Wages, Wal-Mart
It’s a great time in America–if you are the CEO of a Fortune 500 company. Not so much if you are a regular American. The profit gains of the Fortune 500 registered the third largest gain in history in 2010. By contrast, the people continue to struggle. Even the editors of Fortune recognize the […]
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Posted in General Interest