- Two thirds of U.S. corporations paid no U.S. income tax from 1998-2005. Corporations like Exxon-Mobil and Walmart find ways to evade taxes, and get taxpayer money to pick up their tab.
- Wall Street speculators pay themselves record pay and bonuses and spend millions lobbying against financial regulations — subsidized by the rest of us.
- Tax rates on millionaires keep dropping.
- The income gap between the richest 10% of Americans and the rest of us has been widening for 30 years.
- Unemployment rates are still hovering around 10%. If Wall Street paid it’s fair share, we could put millions of people to work fixing our infrastructure, teaching our children, making our factories more sustainable and improving our public services.
Take action on Tax Day!
www.taxwallstreet.org
For 30 years, corporate CEOs and Wall Street speculators have put the squeeze on workers with globalization, privatization and union-busting.
They used their rising profits to buy Congress, convincing them to hand out tax breaks to the rich and gut banking regulations and consumer protections. Then they invented unscrupulous mortgage and investing practices, turning our financial system into a casino. When their speculation didn’t pay off, they got Congress to bail them out to the tune of $15,000 for every household in America.
A tax on the speculators of the Wall Street casino could put 3 million people to work fixing our infrastructure, teaching our children, making our factories more sustainable and improving our public services.
