The Institute for Policy Studies joins the Center for International Environmental Law, and Oxfam to invite you to the D.C. community discussion on the amicus curiae brief in the Pac Rim Cayman LLC v. Republic of El Salvador case.
The outsourcing of public services to private go-getters has concentrated wealth the whole world over. The best answer to that concentration? That just may be new forms of public ownership.
A new report looks at 10 U.S. corporations that have used an array of tax loopholes and corporate subsidies to slash their tax bills: Bank of America, Citigroup, ExxonMobil, FedEx, General Electric, Honeywell, Merck, Microsoft, Pfizer, and Verizon.
“The ‘Fix the Debt’ CEOs are trying to pass themselves off as noble leaders who are willing to compromise in order the save America from financial ruin,” says report co-author Scott Klinger. “In reality, the campaign is a Trojan horse concealing massive corporate tax breaks that would make our debt situation much worse.”
The Fix the Debt coalition is using the so-called “fiscal cliff” to push the same old corporate agenda of more tax breaks while shifting the burden on to the rest of us.
The precedents the Roberts Court is setting are making it easier for corporations to exercise the rights of American citizens without corresponding civic responsibilities.