|Its time to stop the corporate
Big businesses and corporations have been skipping their corporate tax responsibility for too long.
Big businesses and corporations are skipping on their fair taxes.
Over the past 30 years, big businesses share of state taxes has declined by 50 percent, as theyve taken advantage of loose tax laws.
Theyve used the cover of state tax law loopholes to hop over their fair share of taxes and are skipping on nearly a billion dollars in taxes every year.
Guess whos been making up the difference?
Ordinary taxpayers and small businesses must play by the rules, and so should big business.
Its time to play fair.
New York state based corporations such as AOL-Time Warner earn profits on income from sales made in states where they have no physical presence and dont pay taxes on their profits from those sales.
Over the past five years, New York state has lost more than half a billion dollars in tax revenue because of this tax avoidance scheme.
This is just one of the many ways big businesses have been sidestepping their fair share of taxes.
Paying your fair share of taxes isnt childs play.
Its time for big business to turn around and start paying their fair share.
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This Newspaper ad
appeared in the January 19, 2004 edition of the The
Legislative Gazette It was created by PEF's Public
Relations Dept. © Copyright 2004