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Indybay FeatureRelated Categories: San Francisco | Global Justice and Anti-Capitalism
Billionaires Defend Bank of America
A boisterous group of protesters demonstrated at a Bank of America branch in San Francisco's Mission District today.
They made the case that Bank of America is bad for America. They said that despite ruining the economy with their reckless greed, Bank of America consistently avoids any form of accountability to the American taxpayer. Bank of America pockets billions in profits and bailouts here, but pays $0 in American taxes.
Billionaires for Big Banks were there to defend the bank's honor
What the demonstrators had to say today:
We're tired of BoA stealing money from the people that need it the most! Let's not forget who started this mess in the first place - the banks! They should pay, not our teachers, police men, and firefighters!
Bank of America is Bad for America. Despite ruining the economy with their reckless greed, Bank of America consistently avoids any form of accountability to the American taxpayer. Bank of America pockets billions in profits and bailouts here, but pays $0 in American taxes.
Bank of America is the #1 largest bank and the 5th largest corporation in our country, holding over $2.2 trillion in assets, and yet it pays less in taxes than the average American household. In fact, the federal government gave Bank of America $2.3 billion in 2009 while it made $4.4 billion in profits.
We pay our taxes, why don't they?
Citizens across the country are targeting Bank of America branches and peaceably but firmly demonstrating that they can't get away with such egregious tax-cheating.
If Bank of America alone paid their fair share of taxes, we could ‘uncut’ $1.7 billion in early childhood education (Head Start & Title I)
Well, well well, said the Billionaires... now we know why they call themselves "UNCUT".