You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Sen. Bernie Sanders Denounces Corporate Tax Dodgers

HeadlineMar 29, 2011

Independent Vermont Sen. Bernie Sanders is criticizing Republican efforts to cut social spending at a time when many of the nation’s largest corporations are paying nothing, or almost nothing, in federal income tax. Sanders has released a list of the 10 worst corporate income tax avoiders. Companies include Exxon Mobil, Bank of America, General Electric, Chevron, Boeing, Valero Energy, Goldman Sachs, Citigroup, ConocoPhillips and Carnival Cruise Lines. In the case of General Electric, the company has made $26 billion in profits in the United States over the past five years. During that time, it has received over $4 billion in tax refunds from the IRS.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top