Take back the Economy

[mdlbear]

Close the Loopholes - On July 17 We Take Back the Economy!

Buyout firms such as Kohlberg, Kravis and Roberts have made billions of dollars using special tax breaks that reward them for buying and selling companies; and they’ve slashed wages and destroyed jobs all while using tax loopholes to pay an even lower tax rate than everyday Americans on their billion-dollar profits. On July 17, in cities from New York to Bangalore to Paris, SEIU members will be joined by activists from 25 countries to take aim at the special perks and tax loopholes that buyout firms depend on to get rich.

There is legislation in the U.S. Senate to close the loopholes that would provide money for tax relief for middle income taxpayers and fund healthcare. The buyout industry has spent millions to defeat this legislation.

I'm a little embarrassed to say that I got this link from our building manager -- I work just down the street from the main target's HQ.

Particularly apropos in view of parts of my previous post, don't you think?

Comments

[rowanf.livejournal.com]

I'm loving Larry the Loophole...
The War on Greed starring Larry the Loophole
http://www.youtube.com/watch?v=xKGrAZTOS0k

A tour of Mr Kravis' homes...
Henry Kravis makes $51,369 PER HOUR. You pay more taxes.
http://www.youtube.com/watch?v=N8RsFwsODzE

Sure hope I can find a purple shirt!