Tuesday, February 12, 2013
Ill-Gotten Gains
While tens of millions of Americans on food stamps go hungry trying to eat on less than $200 a month, American corporations are using their $700 billion gift from the US taxpayers to award themselves bonuses while lounging on the beach outside Cayman Island Banks where they avoid paying taxes and launder ill-gotten gains. Calling to account such beneficiaries of taxpayer largesse as Bank of America, JP Morgan Chase, Goldman Sachs and Citigroup, U.S. Senator Bernie Sanders has introduced the Corporate Tax Dodging Prevention Act. We wish him well.