In the wee hours of the morning, 45,000 workers from Maine to Washington DC went on strike at Verizon. I disclose openly that I have family and friends working for Verizon. This is not the first time the union has gone on strike, but it’s the first time that I have been aware that Verizon made the Washington Times Tax Evaders Wall of Shame.
While everyone understands the precariousness of this economy, and the need for reason and compromise….how it is possible for a company that made $24B in pre-tax revenue not to pay any taxes? From the article:
Verizon, despite making $24.2 billion in pre-tax US income, paid no taxes and actually claimed a federal refund of $1.3 billion for the last two years, again all thanks to those offshore subsidiaries.
It is unconscionable for this firm to suck up national resources while it attempts to screw its employees. This is a national disgrace. I hope the little guys in this country finally get fed up and start voting out of office the elected officials who support this crap. Enough already. There should be a common-sense tax policy that ensure fairness. What we have right now is a tax policy that rewards the “robber barons” on the backs of working class men and women, who actually pay their taxes. Please call your Congressional representatives tomorrow and let them know this should not stand.