Tax-Dodger CEOS Race to Cheat Californians--Watch It Now!

Tax-Dodger CEOS Race to Cheat Californians–Watch It Now!

4:34 pm in Uncategorized by Consumer Watchdog

Consumer Watchdog has been growling for a while about global corporations that use a tax loophole to pay less in California corporate taxes than in-state companies. Four major companies–Kimberly Clark (Kleenex, Scott toilet paper), General Motors, Chrysler and International Paper–have even launched a major lobbying campaign in the state to save their selfish loophole. They are happy, obviously, cheating the state of a billion or more dollars a year that could keep teachers in jobs, the disabled out of nursing homes and parks open.

Now there’s a ballot initiative, Prop 39, that’s aimed at closing the tax loophole, and one of its first public blasts is this funny video, “The Tax Dodger Olympic Dash”–track and field for billionaires.

Along with the video is a text tidbit, revealing that the same companies fighting to keep their loophole in California fought just as hard to keep such tax loopholes out of their home states. There’s nothing like a heaping helping of corporate hypocrisy to start the day!
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Posted by Judy Dugan, research director for Consumer Watchdog, a nonpartisan, nonprofit organization dedicated to providing an effective voice for taxpayers and consumers in an era when special interests dominate public discourse, government and politics. Visit us on Facebook and Twitter.

Tags: Ballot Initiative, Budget, California, Chrylser, election, GM, International Paper, Kimberly Clark, Prop. 39, Tax Dodgers, Tax Fairness, Taxes
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‘Flush Tax-Evader Toilet Paper,’ Group Says to California Governor, Mayors

SACRAMENTO, CA – Consumer Watchdog today called on state and local governments to quit spending taxpayer millions on Scott toilet paper, Kleenex tissues and other products from Kimberly-Clark Corporation. The global company is part of a corporate coalition battling to keep a tax loophole that benefits only out-of-state corporations—to the detriment of California schools, local governments and state services.

In letters to Gov. Jerry Brown and the mayors and executives of 21 cities and some large counties, Consumer Watchdog also urged governments to avoid Chrysler and GM auto and truck purchases. The automakers are also in the coalition of out-of-state corporations eager to evade corporate taxes in California.

The letter to Gov. Brown said in part:

Every dollar of taxes evaded by large corporations is another dollar taken from our schools, fire and police protection and support for the impoverished and disabled. We ask you to set an example by avoiding taxpayer-funded purchases from out-of-state companies lobbying to protect a state loophole that lets them pay less than in-state companies.

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