- Posted April 16, 2012 by
This iReport is part of an assignment:
Occupy Wall Street
- Bhakti Chai misleads Consumers to believe their product is "NON GMO"
- Elois Zeanah: Her Common Core Standards propaganda broken down
- Rental Kharma leads the way in providing "Credit" for rental history
- #forwadonclimate rallies across the country with huge turn outs, Rally in Colorado in Support
- Residents of Colorado start recall petition against Gov. Hickenlooper
Tax Dodgers take their message to Boston, Fenway and Mitt Romney
- jmsaba, CNN iReport producer
**NEW REPORT: Romney’s Tax Policies Helping his Billionaire Donors**
Courtesy of Paul E. Talbot
Boston, MA – On the day before Tax Day, Massachusetts taxpayers joined with the Tax Dodgers to greet Mitt Romney at Fenway Park to press him to release his tax returns. The public deserves to know what Romney is really paying, what loopholes he’s taking advantage of and how the Buffet Rule, which requires multimillionaires to pay at least as high a tax rate as their secretaries, could impact him. Of course, what we do know about Romney’s views on taxes is great for his backers but isn’t pretty for those Americans who can least afford it. While Romney’s biggest donors aka the top 1 percent will get a $150,000 additional tax break under his plan, those in the lower income bracket could pay up to 60 percent more.
“Mitt Romney’s taxes policies continue to give breaks to millionaires and billionaires. If he reaches the White House, he’ll push for an additional $150,000 in tax breaks for the top one percent,” said Massachusetts taxpayer Natasha Perez. “It’s no wonder why - his campaign is backed by tens of millions of dollars of wealthy special interests and billionaires that prefer a tax policy of, by, and for the wealthiest Americans.”
Released today, a new report from Public Citizen Action Fund looks at who is funding Romney’s campaign and ask what sort of tax breaks and handouts they’ll expect in return for their investment. Among the findings:
· At least 19 billionaires have donated $8.54 million to Restore Our Future, the super PAC backing Romney’s campaign.
· Romney’s campaign has received $15.1 million from financial industry donors.
· Romney’s campaign has taken over $750,000 in campaign contributions from Big Oil donors.
“As a small business owner, it’s frustrating to see Romney’s tax policies skewed to favor the richest Americans and the biggest corporations,” said small business owner Bill Morse. “Time and time again, Romney has criticized efforts to cut subsidies for Big Oil and other corporations. Even as big oil reports record profits, Romney would continue these hands out to corporations that don’t need them or deserve them. Of course, it’s no real surprise because Romney’s campaign has received at least $750,000 from oil and gas industry donors — the same people who want to see these handouts continued.
“Why is Romney such a big supporter of the Paul Ryan budget, which gives big businesses ANOTHER tax cut and allows corporations to exempt overseas profits from being taxed? It's simple, really. Romney wants the wealth of the most wealthy Americans (like himself!) to go up, while increasing taxes and reducing the good that government does for the rest of us.”
Courtesy of Paul E. Talbot
The Tax Dodgers turned out for this special day, issuing this statement:
“This Tax Day, the wealthiest corporations on our team would like to congratulate all the hardworking Americans who helped us win another Record-Breaking Season, because it would be impossible to do without you. We’d especially like to thank our team mascot, MITT. It takes some serious baseballs to propose cuts to Social Security, Medicare and public services when most Americans can’t even get on base.
“As the mascot for corporate America, MITT has done a great job getting out on the field, dancing around and distracting people from the real game. He’s out there trying to convince America that Corporations ARE people. They just shouldn’t have to pay taxes like people. And he’s got a great relationship with our cheerleading squad, The Loopholes. Nobody knows how to work those Loopholes like Mitt.
Now, if he wins the upcoming election, and goes from just being our mascot to being Player-in-Chief, we know he’ll help the Tax Dodgers break every record we’ve ever made. We love ya, MITT.”
www.taxdodgers.net @taxdodgers #taxdodgers @revplay