Jack, sign the petition: Stay firm against corporate lobbyists. Tax billion dollar corporations!

SIGN THE PETITION
In 2020, 55 of the largest corporations in the U.S. paid $0 in federal taxes, despite having substantial pre-tax income.

In response, last year, Congress enacted a 15% corporate profits minimum tax on billion dollar corporations to prevent giants like Amazon and FedEx from dodging federal taxes.

Now, major lobbying firms that represent billion-dollar corporations are pressuring Congress and the Treasury Department to maintain loopholes that would reduce corporations’ tax liability. Some utility corporations are threatening to raise prices on consumers.

Sign the petition: Stay firm against corporate lobbyists. Tax billion dollar corporations!

SIGN THE PETITION
If we had a 15% corporate tax in 2021, it could have raised as much as $8.3 billion in taxes from Warren Buffett’s Berkshire Hathaway, $2.7 billion from Amazon, $1.8 billion from Ford Motor Company, and $1.5 billion from AT&T.

That’s $14.3 billion that could be invested back into communities and into human needs programs like SNAP, Head Start, housing assistance, health care access, and much more.

The U.S. Treasury Department is currently finalizing the rules on how the corporate tax will be implemented, but corporate lobbyists are fighting back. We cannot allow major corporations to continue to get away with not paying their fair share of taxes.

Sign the petition to the Biden administration: We support a 15% corporate profits minimum tax. Stand up to billion dollar corporations and their lobbyists seeking to maintain egregious tax loopholes.

SIGN THE PETITION
Thanks for all you do,
Erin Tulley, Daily Kos