Quantcast
Connect with us

Exclusive: Non-partisan ‘US Uncut’ group demands corporations pay taxes

Published

on

This article was paid for by Raw Story subscribers. Not a subscriber? Try us and go ad-free for $1. Prefer to give a one-time tip? Click here.

Help Raw Story cover Saturday’s nation-wide labor protests: send us your photos and video

WASHINGTON – Corporate tax evasion has evolved into a virtual art form. Two-thirds of US corporations didn’t pay so much as a dime in taxes between 1998 and 2005, exploiting a multitude of loopholes, according to a Congressional report.

Targeting corporations who evade taxes turned out to be quite the anti-austerity rallying cry in England, where a new prime minister is pushing painful cuts for working people.

ADVERTISEMENT

Now, that same rallying cry is going out across the United States, where the anti-spending tea party movement has in recent years overshadowed the voices of those who want government to be more active on behalf of the middle class.

A new non-partisan group called US Uncut — named after UK Uncut — aims in part to challenge the tea party’s push for lower corporate taxes. They instead want Congress stop letting wealthy corporations dodge their taxes.

“This is an issue that has been ignored for way too long,” Carl Gibson, a US Uncut spokesman, told Raw Story. “Congress has been chipping away and chipping away at corporate responsibility to pay taxes.”

“And now it’s gotten to the point where the middle class is being sacrificed on the altar of deficit reduction, while big corporations are getting away with not paying any taxes at all.”

The website Wall St. Cheat Sheet found that corporations routinely claim hundreds of millions in tax deductions. In 2009, Bank of America qualified for a $1.9 billion tax benefit, and General Electric a $1.1 billion write-off.

ADVERTISEMENT

US Uncut boasts “no central leadership,” and appears to be as organic as grassroots movements get. Gibson, 23, of Jacksonville, Mississippi, founded the first chapter. He works a few part-time jobs and confesses to having no prior experience in organizing or in politics. He was inspired by the vibrancy of UK Uncut, and spurred into action after reading an article in The Nation magazine about replicating such a movement in the US.

Is US Uncut a “liberal” or “progressive” movement? “Absolutely not,” Gibson said. “This is nonpartisan. We don’t endorse any specific political ideology or candidate or party.”

The movement will hold its first day of organizing on Saturday, February 26, with demonstrations mainly outside banks in 50 cities. It’s expecting crowds in the dozens in the smaller cities and hundreds in some bigger cities.

ADVERTISEMENT

“This is our first national day of action,” Gibson said. “And all of us are coming together to say: before you take away housing subsidies, raise college tuition and fire teachers, just make sure that corporations are paying their fair share in taxes like the rest of us.”

The broader goal is to “reshape the national debate” and challenge the tea party’s narrative that “government can’t do good things for people, and that we can’t raise taxes, we can only cut.”

ADVERTISEMENT

“Maybe there isn’t a spending problem. Maybe it’s a revenue problem,” Gibson said. “And it’s not that the money’s not there. The money is there. It’s with these corporations who aren’t paying taxes.”

Photo credit: USUncut.org

This article was paid for by Raw Story subscribers. Not a subscriber? Try us and go ad-free for $1. Prefer to give a one-time tip? Click here.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

75 years ago: When atomic scientist Leo Szilard tried to halt dropping bombs over Japan

Published

on

As this troubled summer rolls along, and the world begins to commemorate the 75th anniversary of the creation, and use, of the first atomic bombs, many special, or especially tragic, days will draw special attention.  They will include July 16 (first test of the weapon in New Mexico), August 6 (bomb dropped over Hiroshima) and August 9 (over Nagasaki).   Surely far fewer in the media and elsewhere will mark another key date:  July 3.

On July 3, 1945, the great atomic scientist Leo Szilard finished a letter/petition that would become the strongest (virtually the only) real attempt at halting President Truman's march to using the atomic bomb--still almost two weeks from its first test at Trinity--against Japanese cities.

Continue Reading

Breaking Banner

Former Trump administration official refers to a renowned Black scholar as ‘some criminal’

Published

on

President Donald Trump's former Attorney General Jeff Sessions referred to renowned Black Harvard scholar Henry Louis Gates Jr. as "some criminal" in an interview with The New York Times Magazine.

Sessions, one of Trump's earliest supporters who was later fired after years of attacks from the president, is currently attempting to reclaim his old Senate seat in Alabama. Sessions has desperately tried to tout his Trumpist credentials on the campaign trail, even as the president has waged a campaign aimed at sabotaging his primary bid.

Continue Reading
 

Breaking Banner

Miami-Dade cop relieved of duty after punching irate woman at Florida airport

Published

on

A bad situation turned worse, after a woman missed her flight at Miami International Airport. When police were called, things got even worse.

According to the Miami Herald, body-camera footage, which surfaced Wednesday evening, showed the officer hitting the woman yelling at him.

“You acting like you white when you really Black...what you want to do?” the woman without a mask says.

She then stepped very close to the officer, putting her face against his and that's when he struck her in the face.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image