Sign the Petition to Close Corporate Tax Loopholes and Stand Up for the Middle Class!
Dear Elected Officials,
I urge you to stand up for the middle class and support closing corporate tax loopholes at the federal and state level, so that additional resources can be invested in public education and other services that build our communities.
Corporate tax loopholes are costing our schools and communities resources that would help the next generation achieve the American Dream. At a time when middle class Americans and small businesses are suffering, large, multi-national corporations are earning record profits and paying little to no money in taxes that are intended to support the communities where they do business.
Instead of robbing children of opportunities and services they need to succeed, corporations must invest in future generations by paying their fair share.
- At the federal level, support revenue positive corporate tax reform by closing the seven largest corporate tax loopholes, which would provide an estimated $1.487 trillion in additional revenues over the next ten-years.
- At the state level, support legislation that keeps corporations from shifting profits to low-tax burden states and require full disclosure of state and local incentives to corporations to ensure they pay their fair share to the states and communities where they do business.
Check out our series of articles, “Defunding the American Dream: The real cost of corporate tax loopholes,” to find out more about how corporate tax loopholes are undermining the middle class and public education.
- April 10: NEA President Dennis Van Roekel talks corporate tax loopholes on the Bill Press show (mp3 audio)
- April 5: Proposals to close 7 corporate tax loopholes
- March 30: Educators, allies tell lawmakers: Close corporate tax loopholes
- March 23: Students paying the price for corporate greed
- March 16: How corporate tax loopholes defund the American dream
Take a look at the charts below to find out how closing corporate tax loopholes could effect public education programs in your state. With just a portion of the $1.487 trillion dollars garnered by closing the seven biggest loopholes every impoverished child under five could attend a high-quality pre-school, the maximum Pell Grant award could be boosted to help low-income students pay for college, every school in America could receive, on average, half a million dollars to support students from low-income families and the government could finally meet its obligation to provide 40% of the financing for students with disabilities.