US UNCUT NYC

FOR IMMEDIATE RELEASE: April 15, 2011

Contact: J.A. Myerson, UncutNewYork@gmail.com, 347.688.0241
Twitter: @USuncutNYC
www.usuncut.org

BANK OF AMERICA TO THANK ORDINARY NEW YORKERS FOR PAYING FEDERAL TAXES, SO THEY DON’T HAVE TO

Bank of America (“BoA”) is sending representatives to the main Post Office on tax day to warmly thank the ordinary New Yorkers (including members of the media) for helping to pay its taxes. Even as New York faces billions in budget cuts, Bank of America succeeded in paying zero dollars in federal income taxes for 2010.

Reps will be giving out a tangible (albeit tiny) token of BoA’s gratitude in the form of hard candies (i.e., “suckers”). We believe that it is the most we can do – and who could take issue with the gift’s appropriateness?

BoA representatives will also be available to explain to those who may be confused (and perhaps even mildly annoyed) when they learn that BoA received a $1.9 billion tax CREDIT on net profits of $4.4 billion. Tax advisors well versed in BoA’s world-class evasion techniques will be available to explain in great detail how one of America’s biggest banks managed to pay nothing while everyone else pays their fair share.

###

WHO: US Uncut NYC and ‘Bank of America’

WHEN: Monday, April 18, 5:00 PM
WHERE: James A. Farley Post Office Building, 421 Eighth Avenue, between 31st Street and 33rd Street



2 Comments to “Bank of America pays NO FEDERAL INCOME TAXES? On Monday 4/18, let’s ask them WHY, with US Uncut NYC!”

  • The very last line, “…while everyone else pays their fair share.”, is no doubt a reference to the average worker paying a tax on his or her earned income. The presumption that there is anything fair about such a tax in the first place shows how far we are from understanding the true nature of the income tax. Our culture needs to change from “income tax fundamentalists” (true believers) to “income tax agnostics.” There is so much to question about this form of taxation, yet we believe it to be legitimate only because that’s what we’ve been told our entire lives. We need to ask ourselves what we believe and, more importantly, why.

  • If huge corporations paid taxes, we could easily wipe out our entire national debt, fund totally free education through the university level, provide free health care for everyone in America, and take care of our elderly and poor. And that would be fine for the poor and middle classes. But did you ever stop to consider the needs of the corporations? I mean come on, it’s the poor this and the poor that, and oh, we have to make sure our children get educated, but because NO ONE is considering the needs of the wealthy, they have to look out for themselves and pay no taxes. And come on, let’s be fair: if you don’t like the way that the multimillionaires and billionaires are behaving, all you have to do is make your own hundreds of millions or billions, and behave differently.

Post comment

Forbidden Bookshelf

Forbidden Bookshelf




“While We Were Sleeping”

While We Were Sleeping is an urgent call to save Greenwich Village from New York University's uncontrolled expansion.

Click here to donate to NYUFASP and receive a copy of "While We Were Sleeping: NYU and the Destruction of New York" (minimum donation to receive a book is $10 plus $8 shipping).

Orwell Rolls In His Grave, featuring MCM – Buy the DVD



About News From Underground

News From Underground is a daily e-news service run by Mark Crispin Miller, a Professor of Culture and Communication at NYU. It is based on his belief that academics, like reporters, have a civic obligation to help keep the people well-informed, so that American democracy might finally work.

If you'd like to receive updates delivered to your inbox daily, sign up for News From Underground Alerts:

Help News From Underground!





Message from Mark: "I am a one-man operation, although assisted greatly by some volunteers, and, now and then, by people paid by others for one-time projects. There is no shortage of skilled, dedicated folks out there who want to help me. There is, however, nothing I can pay them with, unless you decide you can contribute something."

Please donate via the PayPal button above or via PayPal by email to: markcrispinmiller@gmail.com

Recent Posts

Recent Comments

Popular Posts

Blogroll

Need a bigger font size?




Sponsored Links



  • Your link could be here too, contact us for pricing details.