Paul Buchheit

Paul Buchheit

screen_shot_2017-01-23_at_8.39.57_am.pngPaul Buchheit is a college teacher, an active member of US Uncut Chicago. His latest book is, Disposable Americans: Extreme Capitalism and the Case for a Guaranteed Income. He is also founder and developer of social justice and educational websites (UsAgainstGreed.org, PayUpNow.org, RappingHistory.org),  and the editor and main author of "American Wars: Illusions and Realities" (Clarity Press). He can be reached at paul [at] UsAgainstGreed [dot] org.

Articles by this author

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Wednesday, May 18, 2011
Seven Oil Industry Sins
The oil and gas industry pays its fair share in taxes. --Chevron CEO John Watson US Uncut Chicago has compiled the U.S. and foreign income tax payments of major corporations and industries over the past three years. By far the greatest disparity exists in the oil industry, which paid 4.4% to the U.S. government and 41.1% to foreign governments.
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Tuesday, May 10, 2011
The Grand Delusion: Higher Taxes "Soak" the Rich
Squeezing, gouging, soaking, it's all the same, and it's all wrong. The richest Americans, we hear it said, pay most of the federal income taxes. That's true. But since 1980 their AFTER-TAX SHARE of America's income has TRIPLED. That's a trillion dollars a year in extra income for the wealthiest 1%. A trillion dollars is seven times more than the budget deficits of all 50 states combined.
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Thursday, May 05, 2011
How Does Big Oil Gouge Us? Let Us Count the Ways
It's not just at the gas pump. The oil companies don't pay much in federal income taxes , either. Over the past five years Exxon has paid at a 3.6% rate (federal tax as a percentage of total pre-tax profits). Chevron was little better at 5.6%. Marathon paid 12%, Conoco Phillips 17%.
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Friday, April 29, 2011
We Should Buy From the Companies That Pay Taxes
A study of federal corporate income tax payments over five years revealed a lot about the tax avoidance skills of some of our favorite companies. Very few Fortune 500 firms came close to the maximum statutory rate of 35%. Some paid nothing at all.
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Wednesday, April 20, 2011
Common Sense, American Style
Here then is the origin and rise of government; namely, a mode rendered necessary by the inability of moral virtue to govern the world. --Thomas Paine People in power believe that the free market will solve society's ills, that anyone willing to work hard can succeed, as they did themselves. Somewhere along the line the rich and powerful lost touch with the great majority of Americans. Their link to this barely visible world may be a server in a restaurant, or a taxi driver, or a clerk behind the counter.
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Tuesday, April 12, 2011
Who's #2 in Tax Avoidance? How About Exxon?
The nicest man I ever met worked behind the counter of the towing company that hauled away my car and charged me two days pay to get it back. I went in ranting mad, but the man was so understanding and sympathetic that I almost thanked him for taking good care of my car.
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Friday, April 08, 2011
The Mindless Mantra of Wall Street: The Corporate Tax Rate Is Too High
In 2010 General Electric made $14 billion and received a $3 billion tax refund . The response by business? The 35% corporate tax rate is too high. Tax cuts, they continue to say, will spur economic growth and create jobs, and allow American companies to compete in a global economy.
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Thursday, March 31, 2011
Corporations at Tax Time: Who's Good, Who's Bad, and Who's Very Ugly
It's tempting to blame government for our middle-income 15-20% tax rates. But the true culprits have documented their own guilt. Comprehensive financial reports called '10-Ks' are issued annually to the SEC by U.S. corporations. Amidst tedious pages of income, flow, and outgo, company accountants deftly balance management's desire to impress stockholders with the need to avoid self-incrimination.
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Monday, March 21, 2011
March Madness for Corporate Tax Dodgers
The small companies and public didn't have a chance in the early rounds. Now it's down to a few formidable corporate teams, the Cheat 16: - General Electric made $10.3 billion in 2009, but received a $1.1 billion tax rebate. - Forbes said about Bank of America in 2010: "How did they not pay any taxes on $4.4 billion in income?" - Oil giant Exxon made a $45 billion profit in 2009, but paid no taxes in the United States. - Citigroup had 4 quarters of billion-dollar profits in 2010, but paid no taxes.
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Monday, March 14, 2011
Pay Up Now, Corporations
PayUpNow.org is an online effort to 'uncut' the cutbacks by promoting boycotts of corporations who pay little or no federal income tax. According to a U.S. Senate subcommittee report, eliminating tax havens could save $100 billion a year. That's a conservative estimate. The IRS calculated that companies and individuals are holding up to $5 trillion in foreign tax havens.
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