Sunday, 19 April 2009

Tax Shell Game: The Taxpayer Cost of Offshore Corporate Havens

You should read this report!: The Tax Shell Game. It's short and concise and has just been released by the U.S. Public Interest Research Group. No wonder the world's economy and the global financial system is in a state of collapse. No wonder governments are reeling under the burden of corporate bailout driven deficits.

The largest corporations on the planet have, for too long, been engaged in a massive tax shell game consisting of tax avoidance, flight of capital, asset manipulation, ponzi schemes, and the like.

Too many huge corporations offload paying their fair share for maintaining a civil society onto the backs of working men and women world wide. Then these same corrupt and greedy corporate gougers drive those same companies into the ground and we pay to keep them afloat. Keep them afloat for what reason? So they can continue to avoid any responsibility whatsover, and continue to ride along for free?

It's time they paid their fair share!

There's a great quote by Howard Zinn that fits this situation to a tee:
"Civil disobedience is not our problem. Our problem is civil obedience. Our problem is that people are obedient all over the world in the face of poverty and starvation and stupidity, and war, and cruelty. Our problem is that people are obedient while the jails are full of petty thieves, and all the while the grand thieves are running and robbing the country. That's our problem."

1 comment:

janfromthebruce said...

And those same corporations, demand taxcuts, say they cannot run privately without them, and get backed by legitimate civil organizations, like Chambers of Commerce, or political parties.