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Tax Day Protests Target US Corporations

Tuesday, April 17, 2012

About 100 protesters gathered outside Foley Post Office in Midtown Manhattan on tax day to rally against U.S corporations, which they claim do not pay their fair share of taxes.

Edgar Andrade, owner of a small business in Bushwick who attended the rally, said it is not right that U.S. corporations abuse tax shelters and loopholes. "The people at these companies are paying less taxes than I'm paying or you're paying," he said.

"If Bank of America wants to put the United States flag outside their building they should put the money back and stop putting their money outside the United States," he added, noting that he had also struggled to obtain loans from corporate banks to help his small business grow. 

Some of the protesters later dressed in baseball uniforms and marched down 5th Avenue as “Tax Dodgers,” stopping in front of corporate headquarters of large businesses such as General Electric and Paulson & Co., a hedge fund investment firm.

Many of those gathered said the tax onus is unfairly placed on U.S. citizens.

But critics say the U.S. has the second highest corporate tax rate in the world and it is driving away business.

On Thursday, the House plans to vote on a bill that would provide a 20 percent tax deduction to all businesses with fewer than 500 workers. Republicans say it will spur job creation, but Democrats note that businesses don’t have to hire new employees to get the deduction.

Earlier this week, Senate Republicans killed the “Buffet Rule” bill that would ensured that everyone earning $1 million a year or more pay at least 30 percent of their income in taxes.

With the Associated Press

Denise Blostein for WNYC
Protesters outside the post office on Tax Day.
Denise Blostein for WNYC
NYPD line barricades around buildings the protesters were targeting.
Denise Blostein for WNYC
Barricades along the march route.
Denise Blostein for WNYC
"Tax Dodgers" march down 5th Avenue.
tax dodgers protesters
Denise Blostein for WNYC
tax dodgers protesters
Denise Blostein for WNYC

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Comments [2]

kissdasky

Its the James A. FARLEY Post Office, not Foley!!!

Apr. 18 2012 08:07 AM
truedat from ny

“If you look in the dictionary under "corporate greed" you should see the Verizon logo.
The company is healthy and profitable, the CEO just raised his own pay from 7 million to 24 million dollars, While you and I pay a 33% tax rate Verizon some how gets refunds.
So how does this corporation repay this country?
By sending American jobs overseas and trying to take away the pensions, healthcare and other benefits from 45,000 union employees that helped build them into the successful company they are!
If the public does not wake up to the kind of corporate bad citizenship that is running amok lately then the middle class will be extinct soon.”

Apr. 17 2012 11:26 PM

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