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SCOTUS skeptical that state abortion bans conflict with federal health care law; Iowa advocates for immigrants push back on Texas-style deportation bill; new hearings, same arguments on both sides for ND pipeline project; clean-air activists to hold "die-in" Friday at LA City Hall.

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"Squad" member Summer Lee wins her primary with a pro-peace platform, Biden signs huge foreign aid bills including support for Ukraine and Israel, and the Arizona House repeals an abortion ban as California moves to welcome Arizona doctors.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

West Virginians Push to Close Corporate Loopholes

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Friday, November 22, 2013   

CHARLESTON, W.Va. – Citizen groups and government watchdogs are asking U.S. Sen. Joe Manchin of West Virginia to vote to close corporate tax loopholes they say are hurting working families.

As part of the ongoing budget battles in Congress, the Senate is considering the Stop Tax Haven Abuse Act.

Supporters say it would ease the tax burden and program cuts facing families, and make big corporations carry their fair share.

Mattea Kramer, research director at the National Priorities Project, says there are 75 corporate tax breaks worth billions.

"In fiscal 2013, those tax breaks totaled $108 billion,” she points out. “So, that's money that did not go into the U.S. Treasury, stayed in the pockets of these corporations."

A joint House and Senate conference committee hopes to finish budget and tax negotiations by the middle of next month.

Corporate lobbyists argue that many of the tax breaks help the U.S. economy and spark job growth.

But Gary Zuckett, executive director of West Virginia Citizen Action, says the tax code actually encourages sending American and West Virginian jobs to other countries.

"Big companies can actually deduct their expenses for shipping our jobs overseas,” he explains. “And they can deduct those expenses directly from their federal income taxes. They should not be able to do that."

Some of the largest breaks involve corporations shifting their profits to shell companies in foreign tax havens. In reality, Kramer says, they depend on American know-how and consumers.

"They're based here,” he stresses. “Apple, for instance, the brains behind what they do – and their new products and their product design – all happens here, in California. They're American multi-national corporations."



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By Marianne Dhenin for Yes! Magazine.Broadcast version by Shanteya Hudson for Georgia News Connection reporting for the YES! Media/Public News …

 

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