| 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. 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. 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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