Tuesday, October 18, 2011

Resources from IPS

Today we share the latest resources from our partners from the Program on Inequality and the Common Good at the Institute for Policy Studies. Their research gives some background to what’s being pushed for down in New York City’s Zuccotti Park and around the world.
“No budget cuts until millionaires and corporate tax dodgers pay their fair share.”

Our message and program focus for the last five years has now become a national rallying cry, from Occupy Wall Street to the Halls of Congress. We are providing analysis, talking to legislators, and supporting “street heat” during this critical time.

Last week, a bill was introduced in the Senate to provide a “tax holiday” for companies that have parked over $1 trillion in offshore tax have havens after heavy lobbying from a coalition of Wall Street Companies and the U.S. Chamber of Commerce. We’re pushing back in the news and on the streets. Call Congress today through the Capitol switchboard at 202-224-3121 and tell them “No Tax Holiday for Corporations That Destroy Jobs.”

We just released the report, “America Loses: Corporations That Take 'Tax Holidays' Slash Jobs" which shows that the 58 companies that got 70 percent of the tax breaks in 2004 destroyed almost 600,000 jobs.

Earlier this month, we released “The Massive CEO Rewards for Tax Dodging” exposing the ugly intersection of CEO pay and aggressive corporate tax avoidance. The report was covered in The New York Times, The Washington Post, Fox News, and literally hundreds of other media outlets.

Watch this short video of media highlights.

IPS and our partner project, The Other 98 %, has been providing infrastructure support to US Uncut and the Occupy Wall Street protests, and Chuck Collins recently made these comments at the Occupy Washington DC rally to 2,000 people in front of the Chamber of Commerce.

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