Dish Network | Occupy World Writes

“Both kinds of corporate misbehavior—underpaying taxes and overpaying executives—ultimately make working families the victim through smaller paychecks and diminished public services.”

By Jake Johnson. Published 3-13-2024 by Common Dreams

*Elon Musk at TED2013: The Young, The Wise, The Undiscovered. Wednesday, February 27, 2013, Long Beach, CA. Photo: James Duncan Davidson*

Top executives at dozens of major, profitable U.S. businesses received more in total compensation in recent years than their companies paid in federal taxes, underscoring the twin outrages of skyrocketing CEO pay and rampant corporate tax dodging.

A report published Wednesday by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) identifies 35 profitable U.S. corporations that paid their top executives more than they paid the federal government in taxes between 2018 and 2022. The list of companies includes Ford, Netflix, NextEra Energy, and Tesla—whose CEO, Elon Musk, is the richest man in the world.

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If the merger is allowed to move forward, critics warn, “consumers can expect to see higher prices, fewer choices, and less innovative offerings across the board.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-26-2019

As the Justice Department struck a deal with Sprint and T-Mobile on Friday, consumer advocates vowed, “we’ll continue to fight to stop this dangerous merger from going through.” Photo: Isriya Paireepairit/flickr

Consumer advocates decried the Department of Justice’s decision Friday to sign off on T-Mobile and Sprint’s proposed merger, warning that allowing the nation’s third- and fourth-largest wireless carriers to join forces will drive up prices and negatively impact low-income and marginalized communities.

In a statement, the DOJ announced that it had reached an agreement with five state attorneys general and the companies that makes the merger contingent on the divestment of “Sprint’s prepaid business, including Boost Mobile, Virgin Mobile, and Sprint prepaid, to Dish Network Corp., a Colorado-based satellite television provider.” Continue reading →

Occupy World Writes

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Trump DOJ Denounced for Approving ‘Anti-Competitive, Anti-Consumer’ Merger of Sprint and T-Mobile

If the merger is allowed to move forward, critics warn, “consumers can expect to see higher prices, fewer choices, and less innovative offerings across the board.”