SF Bay Area Indymedia indymedia
About Contact Subscribe Calendar Publish Print Donate

San Francisco | Arts + Action | Global Justice and Anti-Capitalism | Front Page

Thu Mar 13 2014 (Updated 04/03/14) Modified SF Billboard "Applauds" U.S. Corporations that Pay No Federal Taxes
"Corrected" Billboard Applauds Corporate Tax Loopholes The California Department of Corrections (CDC), which practices culture jamming by "rehabilitating" commercial advertisements, unveiled a new billboard campaign which calls to attention American corporations that completely avoid paying federal income taxes. On March 7, the CDC modified a San Francisco billboard to ask, "HOW DO I FIND A TAX LOOPHOLE?" In matching typeface the bottom of the billboard reads, "NO INCOME TAX FOR BOEING, GE and VERIZON."

The billboard was "rehabilitated" one week after the nonpartisan Center for Tax Justice published a report comparing the profits and income taxes for Fortune 500 companies. One hundred and eleven of the companies under investigation paid zero or less in federal income taxes for at least one year between 2008 and 2012. Twenty-six of these corporations, including Boeing, General Electric and Verizon, generated a combined total of $170 billion in profits, but maintained negative tax rates every year from 2008 to 2012.

photoRead More | CorrectionsDepartment.org

Previous Related Indybay Feature: Liberated Ads Confront San Francisco Eviction Crisis

09/29/14 For Second Time in Two Months, Zim Ship Forced to Leave Oakland Port Without Unloading   Labor & Workers | International
09/28/14 No More Sweetheart Water Deals for Billionaire Farmers   Environment & Forest Defense
09/27/14 Workers Reject Three-Year Wage Freeze Proposal from Dream Inn Owners   Labor & Workers | Santa Cruz Indymedia
09/27/14 Homeless Rights Group Examines Police Records for Patterns of Selective Enforcement   Police State and Prisons | Santa Cruz Indymedia
09/26/14 Bay Area Residents React to Airstrikes on Syria by Taking to the Streets   Anti-War | South Bay | Peninsula
09/23/14 Developers Inadequately Address Endangered Species Habitat in Coastal Development Permit   Environment & Forest Defense | Santa Cruz Indymedia
09/14/14 Half Moon Bay Family also Names County and 911 Dispatcher in Federal Lawsuit   Police State and Prisons | Peninsula
09/14/14 Observers Document Killing of Whales, Dolphins and Sea Lions by Fishery   Environment & Forest Defense | California
09/14/14 Tribal Members and River Advocates Attend Day Celebrating Water Flow   Environment & Forest Defense | Central Valley
09/13/14 Battle for Passage of the ERA has been Fought for 91 Years   Womyn | Peninsula
09/12/14 Officer Who Beat Tarek Abu Khdeir also Suspect in Other Violent Crimes   Anti-War | Palestine