[act-ma] Thu 6/10 3:30pm Action - CONNECT THE DOTS: GE vs. ABCD
María Christina Blanco
mcblanco at diezlunas.org
Wed Jun 8 12:22:03 PDT 2011
What does corporate giant General Electric have to do with budget cuts,
mass layoffs and service reductions in our community? CONNECT THE DOTS!
If major corporations like GE paid their fair share like the rest of us
do, we wouldnt be facing the economic mess were in today.
*Call on General Electric to do the right thing for our community. Sign
this letter to CEO Jeff Immelt asking GE to pay their fair share in
support of our communities:*
*Join us Thursday, June 9 to take action. Well meet near the Park Street
T Stop (Corner of Tremont, Park and Winter Streets Downtown Boston) at
3:30 PM to deliver the letter and CONNECT THE DOTS between budget cuts and
corporate tax avoidance.*
In 2010, *General Electric* posted an *enormous $11.6 billion profit*,
rewarding its CEO with $21.4 million in total compensation. Yet the
company somehow managed to rake in a *$3.2 billion federal tax refund*.
Meanwhile, our communities continue to suffer from budget cuts, layoffs
and reductions to the services we depend on. The Community Action Program
funding for ABCD's anti-poverty programs like housing search, job
training, fuel assistance, and reproductive healthcare programs at ABCD is
Massachusetts taxpayers gave up $77 million in revenues to pay for GEs
refund. In fact, if GE had just paid its fair share in taxes,
Massachusetts could save or create jobs for 316 teachers, 393 police
officers or 442 social workers. CONNECT THE DOTS!
More information about the Act-MA