Letter to the Editor: Big corporations pay more for lobbying than taxes

occupybishop

Protestors demonstrated in Bishop Saturday. (Photo by Harry White of Mammoth Lakes)

No one likes to pay taxes and most people will admit to doing what they can to keep their tax obligations as low as possible. And most of the people I know including small to medium sized business owners cannot afford a lobbyist to ensure that their tax obligations remain at zero or below.  A report recently released by publiccampaign.org shows that 30 large corporations in America including GE, Verizon, FedEx, PG&E, Wells Fargo and Boeing paid more for lobbying than they paid in federal taxes in 2008, 09 and 10. In fact each of these companies and 25 more mentioned in the report had tax rebateseven though they had substantial profits for 2010. In total these large corporations paid $476 million dollars over three years lobbying Congress. This amounts to $400,000 per day, every day of the year.

This is one of the reasons a group of eastside residents from Mammoth to Lone Pine have gathered in Bishop on three occasions to stand on the street in support of the 99% of us who are not properly represented by Congress.  We will gather publicly every other Sunday at Bishop City Park including Christmas Day and on into 2012 in support of a more democratic and just society. We believe that corporations are not people and that money is not free speech. We believe in making political, economic and social choices based on values not political parties. Please exercise your first amendment rights and join us at the Bishop City Park at noon on Dec 25, Jan 1, Jan 15, Jan 22nd and every other Sunday as we enter the 2012 election cycle.

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kaat
kaat
10 years ago

I have nothing against those who do “occupy” or those who choose not to “occupy”. But for those who do “occupy”….I think they need to be more specific about their beliefs. Such as this statement: “…in support of a more democratic and just society”…what do you mean by “more democrate”… Read more »

Friar Tuck
Friar Tuck
10 years ago

The taxes on unreported income are the same as the taxes on under the table wages.

I wouldn’t worry to much over our small business lack of lobbying funds for tax relief.

P&B
P&B
10 years ago

The new “politically correct” term for these groups during election years is “bundlers” – “Political donations made in such a way as to avoid federal regulations or limits, as by donating to a party organization rather than to a particular candidate or campaign.” The current american political system is so… Read more »

BishopDude
BishopDude
10 years ago

Maybe this can become a Christmas Tradition for the Bishop Occupiers, Hey kids lets go to the Bishop City Park and Protest on Christmas Day. This local group is becoming more of a joke every time they protest. Honestly do you think your really making a difference holding an Occupy… Read more »

upthecreek
upthecreek
10 years ago

“It is well that the people of the nation do not understand
our banking and monetary system, for if they did,
I believe there would be a revolution before tomorrow morning.” — Henry Ford