Friend,
Inflation continues to trouble working families, costing the average
household an extra $341 a month.(1) And Amazon is partly to blame.
Billion-dollar corporations, including the mega retailer, are directly
responsible for exploding prices while they rake in record profits --
profits they barely pay any taxes on.(2)
Amazon has paid just 5% in taxes the last four years, while the rest of us
pay, on average, 13%, largely because the $1.1 trillion corporation shifts
a lot of its profits offshore and hides it in various tax shelters.(3)
Even its shareholders don’t know where all of its money goes.
We can change that, right now. Amazon’s shareholders are about to vote on
a proposal that will require the corporation to make public its revenues,
profits, taxes it pays around the world, and other key metrics of
operations that will help identify its true tax bill.
[ [link removed] ]Tell Amazon shareholders: Vote yes on the Tax Transparency proposal on
May 25!
Amazon’s tax avoidance has been so egregious that even President Biden
singled it out in a recent speech.(4)
These shady tax practices by corporations rob the U.S. of hundreds of
billions of dollars a year -- money that could pay for paid family leave,
health care coverage, and more.
Amazon is one of the world’s largest corporations, and its largest
shareholder -- Jeff Bezos -- is the world’s second wealthiest person.
Getting the company to be more transparent about its profits would be a
huge precedent setting victory.
But Amazon’s corporate leaders are fighting back, which is why we need to
ramp up public pressure now.
[ [link removed] ]Tell Amazon shareholders: Vote yes on the Tax Transparency proposal on
May 25!
Yours in the fight against corporate abuse of power,
Irene, along with Amber, Angela, Annie, Isidra, Jay, Lindsay, LisaMarie,
Mai, Mai, Raquel, and Scottie (the Courage team)
Footnotes:
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2.
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3.
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4.
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Courage California (formerly Courage Campaign) makes sure our democracy works for ALL of us by fighting corruption in California politics. We believe the solution lies in exposing and solving systemic problems through strategic organizing, enhancing coordination between progressive organizations, and mobilizing civic engagement from our communities, particularly voters of color, young voters, and self-identified progressives.
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