STOP THE TAX DAY GIVEAWAYS & DEMAND THAT CORPORATIONS PAY THEIR FAIR SHARE OF TAXES
Advocates urge elected officials to close two tax loopholes on a fast track in Congress that enable corporations to shift profits and jobs offshore and avoid paying taxes
WHAT: Rally to “Stop Tax Day Giveaways”
WHO: Band of Rebels, Metro Justice and Rochester seniors
WHEN: Tuesday, April 15, 2014, 12:00 Noon
WHERE: Federal Building, 100 State Street, Rochester, NY
BRING: Signs with messages such as: “No tax breaks for corporate tax evaders!” “I Paid My Taxes–GE Didn’t,” “Support Families, Not Corporations!” “End Tax Giveaways to Rich Corporations,” etc.
Rochester, NY – Members of the Band of Rebels, Metro justice, Citizen Action of New York and Rochester residents will commemorate Tax Day this year with a rally at the Federal Building, 100 State St, on Tuesday, April 15th at 12 Noon as part of a national “Stop the Tax Day Giveaways” campaign to demand that Congress close tax loopholes that encourage companies to shift profits and jobs offshore, enabling them to avoid paying their fair share of taxes. The average corporate tax rate, 12.6%, is far less than millions of Americans pay.
Legislation in Congress (S. 1859) is on a fast-track that would renew 55 tax “extenders,” including two expired offshore corporate tax loopholes that will cost taxpayers $90 billion over 10 years. We are partnering with Americans for Tax Fairness, a coalition of 400 national and state organizations advocating for a fairer tax system, which is coordinating Tax Day actions around the country. Participants will demand that Senator Schumer, who serves on the Senate Finance Committee that oversees Federal tax policy, change his position and start protecting working families. They will deliver a letter to Senator Schumer urging him not to renew these unfair tax loopholes.
The event will highlight tax dodging of corporations such as General Electric, which received $3 billion in federal tax refunds between 2008 and 2012 while making nearly $28 billion in profits and paying no taxes. That means most state residents paid more in taxes in one year than GE paid in five years. GE dodged paying its fair share of taxes due in part to the two tax loopholes Congress is deciding whether to renew.
FOR MORE INFORMATION:
Contact: Grania Marcus
Phone: 917-579-0199 Email