the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
Apr 11, 2022
Hate paying taxes? Be like corporate America. Fifty-five of the largest corporations once again last year did not pay any taxes whatsoever to the federal government. And they got back more than three billion dollars in tax credits, to use for future tax bills not to be paid.
These corporate citizens who do not follow the same rules ordinary taxpayers follow include such big names as Nike and FedEx plus Archer-Daniels-Midland, a large processor of foods, and Consolidated Edison, the New York utility.
How is this possible when the U.S. government is running such a huge deficit in the trillions of dollars? Corporate America has friends in the right places—that is, their buddies in Congress who give them free passes in exchange for campaign contributions.
That’s why we pay and they don’t.