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Bernie names names

Discussion in 'BBS Hangout: Debate & Discussion' started by Dubious, Aug 8, 2015.

  1. Dubious

    Dubious Member

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    This googles to a bunch of no name websites, so here's one more, ha.
    Stone Cold Bernie Sanders, tho.

    http://www.trueactivist.com/18-ceos...n-bailouts-evading-taxes-and-outsourcing-jobs

    18 CEOs Called Out By Bernie Sanders For Taking Trillions In Bailouts, Evading Taxes, and Outsourcing Jobs


    Bernie Sanders is the underdog in the American political race, but he’s quickly gaining momentum as a prime candidate to lead the US, as his no-nonsense, candor approach is appreciated by many – especially the millennial generation.

    In response to 80 CEOS recently publishing a letter on the Wall Street Journal lecturing America about deficit reduction and urging them to “act on the deficit and reform Medicare and Medicare,” Sanders had the following to say:

    There really is no shame. The Wall Street leaders whose recklessness and illegal behavior caused this terrible recession are now lecturing the American people on the need for courage to deal with the nation’s finances and deficit crisis. Before telling us why we should cut Social Security, Medicare and other vitally important programs, these CEOs might want to take a hard look at their responsibility for causing the deficit and this terrible recession.

    Our Wall Street friends might also want to show some courage of their own by suggesting that the wealthiest people in this country, like them, start paying their fair share of taxes. They might work to end the outrageous corporate loopholes, tax havens and outsourcing provisions that their lobbyists have littered throughout the tax code – contributing greatly to our deficit.

    Many of the CEO’s who signed the deficit-reduction letter run corporations that evaded at least $34.5 billion in taxes by setting up more than 600 subsidiaries in the Cayman Islands and other offshore tax havens since 2008. As a result, at least a dozen of the companies avoided paying any federal income taxes in recent years, and even received more than $6.4 billion in tax refunds from the IRS since 2008.

    Several of the companies received a total taxpayer bailout of more than $2.5 trillion from the Federal Reserve and the Treasury Department.

    Many of the companies also have outsourced hundreds of thousands of American jobs to China and other low wage countries, forcing their workers to receive unemployment insurance and other federal benefits. In other words, these are some of the same people who have significantly caused the deficit to explode over the last four years.
    Remaining true to his promise to serve the people as a politician, Sanders responded to the lecture from the American CEO’s by releasing a report detailing how 18 of them have helped blow up the deficit and wreck the economy outsourcing jobs and evading US taxes.

    The list of 18 CEO’s follows:
    1) Bank of America CEO Brian Moynihan
    Amount of federal income taxes paid in 2010? Zero. $1.9 billion tax refund.

    Taxpayer Bailout from the Federal Reserve and the Treasury Department? Over $1.3 trillion.

    Amount of federal income taxes Bank of America would have owed if offshore tax havens were eliminated? $2.6 billion.

    2) Goldman Sachs CEO Lloyd Blankfein
    Amount of federal income taxes paid in 2008? Zero. $278 million tax refund.

    Taxpayer Bailout from the Federal Reserve and the Treasury Department? $824 billion.

    Amount of federal income taxes Goldman Sachs would have owed if offshore tax havens were eliminated? $2.7 billion

    3) JP Morgan Chase CEO James Dimon
    Taxpayer Bailout from the Federal Reserve and the Treasury Department? $416 billion.

    Amount of federal income taxes JP Morgan Chase would have owed if offshore tax havens were eliminated? $4.9 billion.

    4) General Electric CEO Jeffrey Immelt
    Amount of federal income taxes paid in 2010? Zero. $3.3 billion tax refund.

    Taxpayer Bailout from the Federal Reserve? $16 billion.

    Jobs Shipped Overseas? At least 25,000 since 2001.

    5) Verizon CEO Lowell McAdam
    Amount of federal income taxes paid in 2010? Zero. $705 million tax refund.

    American Jobs Cut in 2010? In 2010, Verizon announced 13,000 job cuts, the third highest corporate layoff total that year.

    6) Boeing CEO James McNerney, Jr.
    Amount of federal income taxes paid in 2010? None. $124 million tax refund.

    American Jobs Shipped overseas? Over 57,000.

    Amount of Corporate Welfare? At least $58 billion.

    7) Microsoft CEO Steve Ballmer
    Amount of federal income taxes Microsoft would have owed if offshore tax havens were eliminated? $19.4 billion.

    8) Honeywell International CEO David Cote
    Amount of federal income taxes paid from 2008-2010? Zero. $34 million tax refund.

    9) Corning CEO Wendell Weeks
    Amount of federal income taxes paid from 2008-2010? Zero. $4 million tax refund.

    10) Time Warner CEO Glenn Britt
    Amount of federal income taxes paid in 2008? Zero. $74 million tax refund.

    11). Merck CEO Kenneth Frazier
    Amount of federal income taxes paid in 2009? Zero. $55 million tax refund.

    12) Deere & Company CEO Samuel Allen
    Amount of federal income taxes paid in 2009? Zero. $1 million tax refund.

    13) Marsh & McLennan Companies CEO Brian Duperreault
    Amount of federal income taxes paid in 2010? Zero. $90 million refund.

    14) Qualcomm CEO Paul Jacobs
    Amount of federal income taxes Qualcomm would have owed if offshore tax havens were eliminated? $4.7 billion.

    15) Tenneco CEO Gregg Sherill
    Amount of federal income taxes Tenneco would have owed if offshore tax havens were eliminated? $269 million.

    16) Express Scripts CEO George Paz
    Amount of federal income taxes Express Scripts would have owed if offshore tax havens were eliminated? $20 million.

    17) Caesars Entertainment CEO Gary Loveman
    Amount of federal income taxes Caesars Entertainment would have owed if offshore tax havens were eliminated? $9 million.

    18). R.R. Donnelly & Sons CEO Thomas Quinlan III
    Amount of federal income taxes paid in 2008? Zero. $49 million tax refund.

    As PoliticusUSA discloses, eighteen of the 80 CEOs who signed the call for deficit action are actually some of the biggest outsourcers and tax cheats in America. Not only did they crash the economy in 2008, they followed that incident by taking billions in taxpayer bailout dollars.

    Then, they outsourced jobs and evaded taxes. It’s pretty unbelievable, then, that they are now calling for action on a deficit that they helped create over the past four years.

    Thankfully, Senator Sanders is not standing for the corruption and has done a great deed by bringing the disgraceful actions of these CEOs to attention.

    Raise awareness by sharing this article and comment your thoughts below.

    Source: (All data from Top Corporate Dodgers report.)

    This article (18 CEOs Called Out By Bernie Sanders For Taking Trillions In Bailouts, Evading Taxes, and Outsourcing Jobs) is free and open source. You have permission to republish this article under a Creative Commons license with attribution to the author and TrueActivist.com



    Read More: http://www.trueactivist.com/18-ceos...n-bailouts-evading-taxes-and-outsourcing-jobs
     
    1 person likes this.
  2. Mr. Clutch

    Mr. Clutch Member

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    I'm calling out dumb socialists:

    1. Bernie Sanders
    2. Putin
    3. Whatever idiot is running Venezuela now
     
  3. Deji McGever

    Deji McGever יליד טקסני

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    We don't do nearly enough for oligarchs in the country, some of which are facing hard times, having to settle for lower trim levels in their Bentleys. Lowering taxes is not nearly enough. We should be rounding up the poors, who will never be wealth creators anyway, to make sure that the brahmins, blessed be their yacht clubs, never run short of organ donations.
     
  4. Mr. Clutch

    Mr. Clutch Member

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    Define oligarch
     
  5. Dubious

    Dubious Member

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    Dude, Bernie's sharpening up the pitchforks. Public sentiment is going to flip on this, just like it did on gay marriage.

    <iframe width="420" height="315" src="https://www.youtube.com/embed/SboRijhWFDU" frameborder="0" allowfullscreen></iframe>
     
  6. Cohete Rojo

    Cohete Rojo Member

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    Donald Trump named names, too.
     
  7. CometsWin

    CometsWin Breaker Breaker One Nine

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    I've been assured by 10 years of conservative rhetoric that American businesses pay the highest taxes in the world. Surely they wouldn't have lied about that.
     
  8. Commodore

    Commodore Member

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    Is he accusing them of breaking the law?
     
  9. Mr. Clutch

    Mr. Clutch Member

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    Amount of jobs Bernie has created: 0

    Well actually I guess he's hired some interns
     
  10. CometsWin

    CometsWin Breaker Breaker One Nine

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    Maybe we can get Ronald McDonald to run for President. Then we could all work for minimum wage without any benefits. Jobs! JOBS! Woo!
     
  11. Remii

    Remii Member

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    He's accusing them of being dirty greedy bastards...
     
  12. Commodore

    Commodore Member

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    scary when government officials go after private citizens for their lifestyle choices

    Bernie "Bane" Sanders
     
  13. Mr. Clutch

    Mr. Clutch Member

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    You're not getting across any kind of coherent point here.
     
  14. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    Pretty lame by Bernie. He's saying these companies didn't pay income tax when their income was nothing. He's really reaching with some of this stuff.
     
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  15. Dairy Ashford

    Dairy Ashford Member

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    One of those is not a socialist and the country you were too lazy to name the other one from ships tens of millions of barrels of oil to us and employs hundreds of Houstonians every year.
     
  16. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    No he is slanting the truth to make it seem like they aren't paying taxes when they are.

    I'm not going thru everyone on this list but I looked up Goldman Sachs and from their 10-K
    They paid about $3.88 billion in taxes in 2014, $3.7 billion in taxes in 2013, and $3.73 billion in taxes in 2012. Plus they repaid the entire bailout very quickly and probably didn't even need it in the first place.
     
  17. Bobbythegreat

    Bobbythegreat Member
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    What's scary is when the worst candidate for president ISN'T the guy who admits to being a socialist.
     
  18. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    I looked at Honeywell


    2014 $1.49 billion tax paid 25.6% effective rate

    2013 $1.45 billion tax paid 26.8% effective rate

    2012 $944 million tax paid 24.4% effective rate

    2011 $417 million tax paid 18.3% effective rate
     
  19. Dubious

    Dubious Member

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    It's fighting fire with fire, using truthyness as a political weapon turned back against the Lords of bull***** mountain.

    Boom.
     
  20. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    I got bored and looked at one more with John Deere

    From what I can tell they are paying 35%

    2014 1.63 billion taxes paid

    2013 1.95 billion taxes paid

    2012 1.66 billion taxes paid
     

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