Tag Archives: IBM

Report Reveals Major Corporations Are Funding Lawmakers Behind Anti-Democracy Bills

“It is now more urgent than ever to build a just transition away from fossil fuels and fight off attacks against protest and our freedom to vote, so that we can have a planet our communities can thrive on.”

By Brett Wilkins, staff writer for Common Dreams. Published 5-10-2021

Washington, DC erupts in celebration following the defeat of Donald Trump. Photo: Heartland Alliance

Numerous corporations have funded the political action committees of state lawmakers backing the recent spate of anti-voter and anti-protest bills, even as many of the companies have spoken out in defense of voting rights and democracy, a report published Monday by Greenpeace USA revealed

The report (pdf)—entitled Dollars vs. Democracy: Companies and the Attack on Voting Rights and Peaceful Protest—says that 44 state lawmakers sponsored at least one anti-protest bill and one anti-voter bill in the past year. It also reveals that 53 of the 100 top corporate donors to lawmakers sponsoring anti-voter bills also rank among the top 100 contributors to anti-protest measures. Continue reading

Share Button

Bolstered by Trump Tax Scam, Number of US Corporations Paying ‘Not a Dime’ in Federal Taxes Doubled in 2018

“Corporations zeroing out their tax bills or paying single-digit federal tax rates mean a substantial loss in federal revenue. Calls to cut critical programs and services in the wake of these corporate tax cuts are absolutely connected.”

By Eoin Higgins, staff writer for Common Dreams. Published 4-11-2019

Steve Mnuchin, Mike Pence and Gary Cohn watching the Senate vote on the 2017 tax bill. Photo: White House

A new analysis out Thursday shows that tax policy under the Trump administration is benefitting large corporations to such a degree that twice as many large companies will pay nothing in federal taxes for 2018 compared to previous years.

The report by the Institute on Taxation and Economic Policy, which comes less than a week before tax day in the United States on April 15, found that 60 companies—including Amazon, Netflix, Activision Blizzard, General Motors, and IBM—used “a diverse array of legal tax breaks” to bring their federal tax liability to zero. Continue reading

Share Button