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UK Uncut Inspires US Groups to Attack Cuts and Tax Avoidance
RBS to be focus of latest British demonstrations, while activists' counterpart will target Bank of America
Hundreds of activists in the US are planning to take part in a day of direct action in a move inspired by Britain's fast growing protest group.
UK Uncut demonstrators occupy a bank branch. Activists in the US have planned a day of protests inspired by the campaign group. Photo Luke Macgregor/Reuters US Uncut groups have sprung up from New York to Hawaii in the last three weeks and activists will demonstrate against government cuts and corporate tax avoidance in more than 50 cities on Saturday.
The US protest movement was inspired by UK Uncut, an anti-cuts campaign group that has temporarily closed scores of high street stores accused of tax avoidance since it was set up five months ago.
Last week it staged demonstrations in more than 30 bank branches. On Saturday hundreds of activists across the country hope to stage demonstrations inside more than 40 branches of the Royal Bank of Scotland.
"We spent billions bailing out RBS, yet now the government are cutting our services," said Rosa Brown, 42, from UK Uncut. "They are letting RBS get away with the mistakes they caused and rewarding themselves with massive bonuses but punishing us."
This week it emerged that more than 100 bankers at RBS were paid more than £1m last year and total bonus payouts reached nearly £1bn – even though the bailed-out bank reported losses of £1.1bn for 2010.
"It's just not fair," said Brown. "The government should be making the banks pay, not ordinary people."
The chairman, Sir Philip Hampton, said the number of millionaires was lower than a year ago and that a quarter of the group's 18,700 investment bankers would not receive a bonus from the £950m payout pool agreed with UK Financial Investments, which controls the taxpayer's 83% stake in the bank.
The US protests will focus on the Bank of America, which was one of the biggest recipients of taxpayers' money in the bailout that followed the financial crisis.
According to US Uncut, nearly two-thirds of US corporations and 68% of foreign firms operating in the US pay no income tax. A study from the non-partisan US Government Accountability Office found that 83 of the top 100 publicly traded corporations in the US use corporate tax havens to minimize their tax bills.
"Bank of America paid no federal tax and we gave it $45bn in the bailout," said Alisa Harris, one of US Uncut's New York organizers. "People are tired of sitting at their computers and seething, they want to get out there and do something, It's not enough just to talk about it on Facebook."
Bank of America said it had made a loss of $4.5bn in 2010 and had therefore has not owed federal taxes – but had paid $915m in local corporation taxes. "Bank of America takes its responsibilities to the communities where its clients and employees live and work very seriously," it added.
However, Harris said the focus on Bank of America was just the start for US Uncut activists. "This movement appeals to people because it's focused on something a diverse group of people can agree on – corporations should pay taxes. It's a very commonsense, basic, non-partisan cause."
Joseph Huff-Hannon, a Brooklyn-based writer, said he had been inspired by the protests he had read about in the UK. "The message is very powerful," he said. "It's very much about fairness. Why don't these massive corporations have to pay tax?"
He expected the movement would gain momentum in the US as the April 15 deadline for people to file their tax returns approached. "A lot of frustration here has been channelled in a very reactionary way. It's been anti-government, all about spending and deficits. But the banks and all the others who got us into this crisis have disappeared off the mental map until now."
In Britain UK Uncut has mobilized thousands of activists over the past five months using Twitter and Facebook. But activists say the movement's ongoing success is just as dependent on the enthusiasm of people from all walks of life who have become involved.
Daniel Garvin, one of UK Uncut's original members, said: "Twitter bashes around information but it doesn't create actions. That happens by individuals and groups taking the initiative, holding meetings maybe, working together, coming up with their own ideas, using the website, making resources, props, and contacting the local press, all in an effort to save their own local services. This is the real big society."
It is hoped Saturday's protests will be the group's biggest demonstrations so far, transforming bank branches into classrooms, libraries and creches to highlight some of the services being lost in the government's drastic program of cuts.
David Tucker, 29, said: "The government say the cuts are necessary, but they are doing nothing to rein in the banks or stop tax dodging. Surely it's our society that's 'too big to fail', not the broken banking system."
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13 Comments so far
Show Allno representation without taxation!
I agree that corporations should pay taxes. I disagree that it is a bipartisan political philosophy. The republicans worship the corporate leaders like they are the saviours of the world. Why is the world in the mess it is in right now. Because corporations are privatizing America with the help of the republicans. Wisconsin Gov. Walker and his republican congress is planning on selling U.S. owned facilities to private companies without following the lowest bidder policy just like Bush and Cheney did during the wars.In a previous job when Walker fired union security guards and replaced them with Wacken Hut private non union guards in the state capital the state paid more and probably increased the deficit. He had to reinstate the union guards. They interfere with corporate power and greed.
The supreme court decided corporations are people who should be able to pay for elections with their free-speech money. Corporation people should therefor pay income tax at the median tax rate corpuscular people pay. Corpuscular people may not be immortal like corporation people but that doesn't mean they should be discriminated against. No taxation with discrimination, that's what the American revolution was all about. The revolution was the solution and it still is.
Mathew---
That is an excellent point. If corporations are to be treated as persons, then they should be taxed at the same rates as "corpuscular" people are. End special tax breaks and other loopholes that allow these greedy criminals to avoid taxes.
And the natural corollary of that is that individuals who pay no taxes should not get to vote. That is consistent with Thomas Jefferson's view that voting should be limited to "freeholders" (landowners) as opposed to these poverty-stricken freebooters who vote for everyone else to pay taxes.
Ah, yes. You would just love it if you could disenfranchise all of us "lucky ducks" who "pay no taxes" because we make too little money to pay FEDERAL INCOME TAX. I'm sure you know, but choose not to mention that even we have to pay Soc. Sec. and medicare tax, state income and property taxes and sales taxes and that after thirty years of the republicans and their democratic enablers making the US tax code more regressive, these taken together are more of a burden on the average low wage worker, who is paid only enough to afford basic necessities, than what BOA or most wealthy individuals would pay even if they weren't tax dodging sociopaths.
Walmart never pays any Tax in New Mexico, and other states that only tax corps with corp headquaters in their state
Exon Moble made $19 Billion in 2009 and paid NO tax on jt.
And Wal-Mart, being the largest private employer in a majority of US states (making them too big to fail) will get a huge taxpayer funded bailout if they ever hit a rough spot.
We need to wake up folks, this is not about Democrats and republicans, they sold out to the corporations 30 years ago. We are all Americans, and if we don't stand together against these corporations, we will be a third world country soon. These corporations that are sending our children to die, to defend their profitability in foreign countries, have (with the help of all of our politicians) sold us and our country down the river. So as corporate stocks skyrocket, your kids teacher was just laid off, and your local police forcehas fired 50% of its force. Of course your house will soon be repoed, and your college graduate will go to debters prison becausehe can't find a job to pay back his student loans.
We are Americans, not repugs and Dems. Together we stand against these corporations, or for sure we will all fall.
"On Saturday hundreds of activists across the country hope to stage demonstrations inside more than 40 branches of the Royal Bank of Scotland."
OK, so that approximates to about 10 people protesting per bank, given an approximate 400 as the figure assumed in the term 'hundreds'. Egypt had millions, America has hundreds....the american oligarchs, autocrats, corporate persons ( as opposed to corpuscular, I love that term of differentiation) fascists, and dictators are laughing all the way to the.....the place where ten people are protesting!
There may be only an average of ten people per bank, but these are activists setting up creches, libraries, citizen advise bureaux, etc. - the services being dumped in the name of Austerity - and these events will attract more people into these premises and spread the awareness of the injustice of these immoral "immortals".
playing right into private monetary system hands even not knowing about it - brainwash done perfectly /
death to taxes and financial terror of private speculants!!!
We still live in the dark ages. We like to think that we are civilised and advanced, but for all our posturing, as a a 'society', we are still wallowing in the dirt, digging for turnips and terrified of the dark. The war has been won.