In 2010, 249 of the country’s largest and most profitable corporations paid less than the U.S. corporate tax rate and instead received federal tax subsidies totaling more than $87.27 billion.FedEx is one of the worst corporate tax dodgers. From 2008 to 2010, FedEx made $4.2 billion in profits but they paid less than 1% in federal taxes.
It’s time for corporate tax dodgers like FedEx to pay up!
Wednesday, Jan. 25 – 12 Noon
Meet at Sunset Blvd. & Cahuenga Blvd. in Hollywood
To download a flyer of the event, click here.
During that time FedEx spent $46 thousand a day on lobbying Congress – $13.8 million more than they paid in taxes.
When rich corporations like FedEx fail to pay their fair share in taxes, our communities can’t afford the teachers, firefighters, police officers, health care and other public services we rely on.This event is organized by the Community group Good Job LA. For more information, visit GoodJobsLA.org.