Corporate Freeloaders Make Taxpayers Pick up Tab and Conservatives are Happy to Pay!

[LJ_Reloaded]

https://ips-dc.org/corporate_freeloaders_make_taxpayers_pick_up_the_tab/

They’re like the guy who shows up at your Labor Day picnic empty-handed. He drinks all your beer, eats four helpings of barbecue and leaves a huge mess for everyone else to clean up. Then he asks you for 20 bucks in gas money to get home.

A troubling number of U.S. corporations behave as moocher guests at our national cafeteria. They help themselves to all the taxpayer-funded goods and services we create and pay for together — and leave patriotic small businesses and individual taxpayers with the bill.

According to a new report by the Institute for Policy Studies that I co-authored, 25 corporations among the top 100 firms paid their CEOs more in compensation than they paid in taxes. Twenty of them spent more on lobbying Congress than they paid in taxes.

Twenty of the 25 paid not one dime in federal taxes last year. Many use offshore tax havens to shift their profits overseas to avoid U.S. taxes. In fact, their hands are out, collecting millions in government subsidies.

Corporations pay no taxes and collect millions in government welfare and Conservatives are happy to pick up the tab!

Fucking dupes.