Profiteering for Kids!

In the U.S. the house has passed a “stimulus” package,

that does away with the corporate minimums tax

retroactively for the past 15 years. Corporate

minimum tax requires all corporations to pay at least

some minimum amount of tax, regardless of how many

deductions and tax credits they can find. A number of

corporations will get big bonus tax returns:

-$1.4 billion for IBM

-$833 million for General Motors

-$671 million for General Electric

-$572 million for Chevron Texaco

-$254 million for Enron

This is suppossed to stimulate the U.S. economy?

To protest:

http://www.moveon.org/warprofiteering/

To buy shares in IBM:

http://www.ameritrade.com/

From Brahm.

2 Replies to “Profiteering for Kids!”

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