The 1% has more than enough, but ultra-rich, multinational corporations like GE, Pfizer and Microsoft are buying OUR Congress and lobbying for their taxes to be slashed AGAIN.
They want a “tax holiday” to bring billions in overseas profits into the U.S. at a reduced tax rate. Their lobbyists claim they will use this money to create American jobs. But the 99% got nothing the last time Congress passed a “tax holiday” on overseas profits.
USAction just released a report with Public Campaign showing how taxpayer money didn’t go into creating jobs here in America — but was shoveled into the pockets of the 1% — through massive CEO pay hikes and stock repurchases.
Do GE, Pfizer and Microsoft care about getting America back to work? Their hardcore lobbying effort for the 1% says they don’t.
Tell GE, Pfizer and Microsoft and their corporate lobbying super-group WinAmerica that America needs job creation, not corporate tax breaks.
We’ll deliver your message to their lobbyists’ doorsteps on December 7 in Washington D.C. with hundreds of jobless workers and thousands of 99% protesters. Click here to sign.
The nonpartisan CBO says this “tax holiday” is the least effective way to create jobs of all the proposals in Congress. For example, extending unemployment insurance benefits for jobless Americans is nineteen times more effective at stimulating our economy.
We need real solutions to create good jobs and provide a path to prosperity for everyone, not more tax cuts that we know don’t work.
The 99% are being crushed by the jobs crisis. Tell GE, Pfizer and Microsoft: Keep your corporate money out of Congress and do your part to put America back to work.