Corporations Need To Pay Their Fair Share
At least 18 companies, including Nike, Microsoft and Apple, are stashing profits in offshore tax havens likely in a bid to avoid paying taxes, according to a new report from the Citizens for Tax Justice. If the companies brought that money home, they would pay combined more than $92 billion in U.S. taxes.
Source: Jillian Burman, Huffington Post
If Corporations paid their fair share each year we could reduce the national debt, fund education and arts programs, and a host of other programs that are considered "welfare" when it applies to individuals, while all the time Corporations seem like the largest welfare recipients. I'm asking Pres. Obama to make a transaction tax part of his agenda for the remainder of his term. Please join me by signing.