Posted by
by Peter Colavito
This week, 600 homeowners and community leaders from around the country shut down a Washington, DC branch of Bank of America. There they delivered a bill demanding that the company who helped bankrupt our country pay its fair share to rebuild it.
It was an amazing day. But it was only the beginning. And now you can get in on the action too.
Go to www.makewallstreetpay.org to find out how much the big banks cost you and your state, and then tell Congress it's time banks pay their fair share!
Wall Street crashed the economy, causing millions of families to lose their jobs and homes.
A recent report uncovered that the six big banks--Bank of America, Wells Fargo, Citigroup, JPMorgan Chase, Goldman Sachs, and Morgan Stanley--avoided paying their full income taxes in 2009 and 2010. Had they paid the full amount, the federal government would have received an additional $13 billion in tax revenue. This would cover more than two years of salaries for the 132,000 teacher jobs lost since the economic crisis began in 2008
So when politicians talk about the budget crisis and tell you they need to make cuts, remember that the money needed to restore our economy is not in Grandma's pension, it's not in the homes of families fighting off foreclosure and it's not in the pockets of American schoolchildren.
It's on Wall Street.
Go to www.makewallstreetpay.org and let our Congressional leaders know that we're done picking up the tab. It's time for Wall Street to pay.
This week, 600 homeowners and community leaders from around the country shut down a Washington, DC branch of Bank of America. There they delivered a bill demanding that the company who helped bankrupt our country pay its fair share to rebuild it.
It was an amazing day. But it was only the beginning. And now you can get in on the action too.
Go to www.makewallstreetpay.org to find out how much the big banks cost you and your state, and then tell Congress it's time banks pay their fair share!
Wall Street crashed the economy, causing millions of families to lose their jobs and homes.
A recent report uncovered that the six big banks--Bank of America, Wells Fargo, Citigroup, JPMorgan Chase, Goldman Sachs, and Morgan Stanley--avoided paying their full income taxes in 2009 and 2010. Had they paid the full amount, the federal government would have received an additional $13 billion in tax revenue. This would cover more than two years of salaries for the 132,000 teacher jobs lost since the economic crisis began in 2008
So when politicians talk about the budget crisis and tell you they need to make cuts, remember that the money needed to restore our economy is not in Grandma's pension, it's not in the homes of families fighting off foreclosure and it's not in the pockets of American schoolchildren.
It's on Wall Street.
Go to www.makewallstreetpay.org and let our Congressional leaders know that we're done picking up the tab. It's time for Wall Street to pay.
