Tag Archives: Netflix

Report Exposes US Corporations That Pay Their Execs More Than They Pay in Taxes

Leave a reply

“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.

Continue reading →
Share Button

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

Leave a reply

“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

After Netflix Pulls Episode at Saudi Request, Comic Hasan Minhaj Urges Donations for Suffering Yemen

Leave a reply

While Saudi Arabia attempts to ban content critical of its crown prince, “Let’s not forget that the world’s largest humanitarian crisis is happening in Yemen right now.”

By Julia Conley, staff writer for Common Dreams. Published 1-2-2019

Comedian Hasan Minhaj responded Wednesday to Netflix’s decision to take an episode of his show “Patriot Act” off its platform in Saudi Arabia after the government complained it was critical of Crown Prince Mohammed bin Salman. (Photo: @Complex/Twitter)

Taking advantage of the recent attention brought to his Netflix series “Patriot Act” by the Saudi government’s objection to an episode that criticized Crown Prince Mohammed bin Salman, comedian Hasan Minhaj called on supporters to contribute to aid efforts in Yemen while mocking the prince’s insistence that the episode be banned in Saudi Arabia.

On Tuesday, on Saudi orders, Netflix removed from its Saudi platform a “Patriot Act” episode released shortly after the killing of Washington Post columnist Jamal Khashoggi by Saudi agents—which the CIA concluded was ordered by bin Salman, often called MbS—because Minhaj discussed the need for the U.S. to cut ties with the Saudis in light of the murder. However, the episode remained on YouTube in the country and is still available on Netflix outside Saudi Arabia. Continue reading →

Share Button

The future of US net neutrality under Trump

Leave a reply

Administrative decisions related to the country’s telecommunications policy often go unnoticed by the majority of the US citizenry. But now, net neutrality in its purest form is in peril.

By Michael J. Oghia. Published 3-17-2017 by openDemocracy

Welcome and Opening Remarks from Commissioner Ajit Pai, May 2014.Wikicommons/Federal Communications Commission.Public domain.

As this openDemocracy series has poignantly highlighted, digital rights should never be taken for granted. For all those keeping a close eye on US politics, this reality could not resonate more ominously. With the new Republican administration of Donald J. Trump, there is plenty of kindle to fuel a fire of discussion and, often enough, outrage.

Yet, behind all of the grandstanding, tweeting, and obscene showmanship, there lies a political machine forged in the corridors of Capitol Hill, skyscraping towers of corporate America, and musty legal libraries ready to take up the bureaucratic responsibility of running the United States. You see, outside of the more widely covered political issues such as immigration and healthcare, administrative decisions related to the country’s telecommunications policy often go unnoticed by the majority of the US citizenry. Continue reading →

Share Button