[csusbpeace] Fwd: Tax Day sucks, unless you're a corporation

  • From: Yasha Karant <ykarant@xxxxxxxxx>
  • To: csusbpeace@xxxxxxxxxxxxx
  • Date: Sun, 16 May 2021 09:09:52 -0700

NB:  My understanding is that Federal income tax records are not public.

https://www.sapling.com/7844386/tax-returns-public-record#:~:text=Tax%20returns%20are%20not%20public%20record.%20Tax%20returns,not%20advocated%20by%20the%20Internal%20Revenue%20Service%20%28IRS%29.
Tax returns are not public record. Tax returns are not public record; they are private. Tax returns contain confidential information that is not readily available to the public. With the increasing number of online tax filing services, some information is being used and sold publicly, but that is not advocated by the Internal Revenue Service (IRS). End excerpt.

However, public corporations (that offer shares of stock to the public) are required in the USA to release financial data -- this data includes taxes claimed to be paid by the corporation (part of the cost of doing business). It is from these data that the attached list seems to be compiled. One may assume that privately held corporations (no shares for sale to the general public) do as well in obtaining welfare. After all, everyone needs the finest Legislative, Judicial, and Executive branches of government that money can buy.

-------- Forwarded Message --------
Subject:        Tax Day sucks, unless you're a corporation
Date:   Sun, 16 May 2021 15:04:12 +0000 (UTC)
From:   Move to Amend <info@xxxxxxxxxxxxxxx>
To:     Yasha Karant <ykarant@xxxxxxxxx>



NationBuilder
Move to Amend <http://www.movetoamend.org/?e=0256ff6b2ff3ca3acb7fe81aa150dc23&utm_source=movetoamend&utm_medium=email&utm_campaign=tax_day_2021&n=1>

Tomorrow is the deadline for filing 2020 taxes in the United States.

*And it's a great day to remember that individual taxpayers will be footing about 50% of the annual federal income, while corporations will only be contributing about 7% (despite so many making unprecedented profits during a year that was financially devastating to so many us).* *Help us grow the movement to topple corporate rule at its root by sharing the Move to Amend petition with your friends, family and social media today! <https://www.movetoamend.org/join?e=0256ff6b2ff3ca3acb7fe81aa150dc23&utm_source=movetoamend&utm_medium=email&utm_campaign=tax_day_2021&n=2>*

We often think of Amazon, Google and Wal-Mart when we discuss the heavily-subsidized corporations that get away with paying nothing toward the society and infrastructure that allows them to do business. But that's just the tip of the iceberg:

The corporate tax rate is *supposed* to be 21%. But some are getting away with a NEGATIVE tax rate of up to 22%. How is this possible??!! Well, when their own lobbyists are helping to write the legislation because they have the majority of Congress in their pockets, huge loopholes will "magically" appear in the policy that is intended to hold them accountable.

The only way we can truly wrest power back from corporate ownership and exploitation of our government resources is by abolishing corporate constitutional rights -- including their First Amendment "right" to essentially handpick our representatives in Congress to do their bidding.

<https://www.movetoamend.org/join?e=0256ff6b2ff3ca3acb7fe81aa150dc23&utm_source=movetoamend&utm_medium=email&utm_campaign=tax_day_2021&n=3> Grow the movement by sharing the Move to Amend petition today! <https://www.movetoamend.org/join?e=0256ff6b2ff3ca3acb7fe81aa150dc23&utm_source=movetoamend&utm_medium=email&utm_campaign=tax_day_2021&n=4>

Thank you for all you do to support this work.

In solidarity,

/Saleem, Jessica, Greg, Kaitlin, Milly, Joni, Alfonso, Jennie, Jason, Tara, Shelly, George, Leila and Daniel/

/*- Move to Amend National Team*/

*P.S. While you do your part each year paying taxes, the largest and most profitable corporations are getting away with contributing nothing! Help us grow the movement for economic justice in this country --  which includes making corporations pay their fair share --* *by sharing the Move to Amend petition with your friends, family, and on your social media platforms today!
Move to Amend · PO Box 188617, Sacramento, CA 95818, United States

Attachment: No-Federal-Taxes-chart-WEB-780x1259.jpg
Description: JPEG image

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  • » [csusbpeace] Fwd: Tax Day sucks, unless you're a corporation - Yasha Karant