Politicians are slashing taxes for folks who dine on caviar while making it harder for the needy to put food on the table.
Scott Klinger is the director of Revenue and Spending Policies at the Center for Effective Government (CEG). For the past 30 years, he has worked in the corporate social responsibility movement, fighting economic inequality, concentrated political power, excessive CEO pay, and corporate tax dodging.
Klinger is also a former Institute for Policy Studies associate fellow.
Many corporations are paying their CEOs more than they pay the Treasury.
If Washington closes offshore tax loopholes, we can fix many of our infrastructure problems and create new jobs.
There would be no need for our elected leaders to trim our safety net if our richest corporations didn't turn avoiding their fair share of taxes into an art form.
Instead of gaming the tax system to boost corporate profits, American business leaders need to start investing more in this nation.
American taxpayers are increasingly picking up the tab for unpaid corporate taxes.