Verizon Dodges All Taxes - 26:19
TAXES, WE DON’T PAY NO STINKIN' TAXES SAYS VERIZON,
AS THE 99% CRIES FOUL!
With
The Tax Dodgers, OWS Occupy the Boardroom, United NY, Make
the Road NY, Strong Economy for All, NY Communities for Change,
Vocal New York, C.W.A., 99% NY, and other members of the 99%
Verizon Communications has been identified as one of the country’s
worst tax dodgers. Between 2008 - 2010, Verizon actually received
$951 million net in federal tax refunds, our public dollars, making their
effective federal tax rate average to 3% or less. So, an outraged
coalition decided to “occupy” Verizon headquarters to call attention
to the fact that corporations like Verizon, GE, Bank of America, and
others are not paying their fair share of taxes, juxtaposed with a time
when the minimum wage is too low to permit people to pay their bills
and feed their families. The occupiers came to say corporate
‘tax dodgers’ like Verizon, that made over $25 billion in pre-tax US
income, and paid $173 million in compensation to their top five
executives, with $56 million going to their CEO alone – and spending
$52 million for lobbying was obscene while at the same time, since
2008 laying off 20,000 employees.
Meanwhile, in the midst of the occupation, a new sports franchise,
the “Tax Dodgers” had the audacity to show up. One of the players,
claiming to be former Verizon CEO Ivan Seidenberg introduced the
“Tax Dodgers,” who he explained symbolized the lobbyists and other
groups who likely received a portion of the money that Verizon saved
in taxes, while the occupiers cried foul. Tune in to hear the response
of the 99%ers to Verizon and to the Tax Dodgers, who demonstrated
their agility at stealing bases!
http://www.archive.org/stream/VerizonPaysNoTaxes
play stream
http://www.archive.org/download/VerizonPaysNoTaxes/VerizonTaxesntl2.mp3
download
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