Americans for Tax Fairness joins with MoveOn to help you tell our Treasury Department to investigate Apple for its profit-shifting activities. The reason? The European Union has lately determined that Apple owes $14.5 billion in taxes to Ireland, where a subsidiary resides, or, perhaps more precisely, "resides." And Apple has become notorious over the years for offshoring profits actually made in the United States offshore to foreign subsidiaries -- currently the computer corporation has over $200 billion stashed overseas, and could owe the American taxpayer some $60 billion of that. Moreover, Apple CEO Tim Cook has earned some extra notoriety for claiming that he's not going to repatriate Apple profits until the corporate tax system becomes more "fair," like a kid taking his ball and going home. Possibly he doesn't understand how the corporate tax system really works -- i.e., that corporations buy tax breaks very cheaply from Congressfolk. If so, that's his problem, but corporate tax avoidance is also our problem, because it cheats the public of the services we expect from our government. And so we fight.
Meanwhile, I get no end of pleasure from the fact that both political parties -- the one that's completely owned by corporations, and the one that's slightly less than completely owned by corporations -- have explicitly called for the reinstatement of the Glass-Steagall wall that used to separate traditional banking functions from securities speculation, so CREDO helps you tell Congressional Republican leadership to support legislation re-erecting the Glass-Steagall wall. Why tell Republican leaders and not Democratic leaders? Because Democratic leaders all talk a good game about Glass-Steagall, but they'd really rather not bring it back, out of fear that corporate campaign donations would promptly dry up, so they use Republican opposition as a shield for their own inaction. They could pass Glass-Steagall tomorrow if they actually tried, and most of their constituents (liberal and conservative) want them to do it. So let's see if we can forcibly remove the Republicans-are-intransigent arrow from their quiver. Congressional Republicans may be greedy, bigoted, and soulless, but they're certainly not stupid.