All the Top 10 Corporate Tax Dodgers Have One Thing in Common
It’s a Who’s Who of the top global brands.
Household names such as Boeing, Verizon, FedEx, CiriGroup, Bank of America, GE, Pfizer, Honeywell, Merck, and Corning have enjoyed billions of dollars of tax relief over the past decade even though their profits remain healthy.
So, where do all these top 10 corporate tax dodgers choose to invest these tax savings?
Hillary Clinton has financial relationships with some of America’s biggest corporate tax dodgers.
Bernie Sanders recently outed the 10 biggest multinational corporations that paid no federal taxes for at least one year between 2008 and 2012. Sanders has made reining in corporate tax dodgers a key point of his presidential platform. In a recent press release, the Sanders campaign laid out the Vermont senator’s plans to force multinational corporations to pay their fair share in taxes
Give credit to Bernie Sanders.
Even though he has no idea about how capitalism and free markets work, and favors government solutions to nearly every problem facing America, he is revealing the truth about Hillary.
Also, make no mistake. Corporations do not pay taxes. They always pass this expense along to consumers. Or, they choose to pay their workers less if the market allows.
Their shareholders rarely take the hit on taxes.
Bernie’s plan to force these multinational corporations to pay their fair share is a pipe dream.
But, corporations using these tax savings to buy political influence is a reality.
It hurts all except the corporate shareholders.
If only Bernie had the courage to continue to tell the real truth.