I tried to file my Durable Power of Attorney while my mother slowly is dying in the hospital. I submitted it. Can’t process it, she’s not incapacitated or confined. Talked to the doctor, got a letter that’s she’s confined to the hospital. Reapply. Rejected. Bottom of page has clipped text. Submitted the originals. Reapplied. So here we sit. Waiting. It’s #BankOfAmerica and I hope they experience the justice that is due to them. The karma they earned. #today
BANK OF AMERICA IS BACKING DESTRUCTION OF THE RAINFOREST
The #Amazon rainforest is at a critical tipping point — and the world's largest butcher, #JBS, is pushing the world's largest rainforest over the edge, and setting up a global #catastrophe.
In fact, right now, JBS is being sued for lying to consumers about their #EnvironmentalImpact, #ClimateGoals, and their pseudo-plan to achieve net zero carbon #emissions by 2040 —
all to boost #sales and ramp up the very damage they claim to be addressing. If they're found liable, they could face fines and be required to repay the profits they've made off of their deceptive sustainability claims.
So who would actually invest in a rainforest-destroying company like this? The answer is #BankOfAmerica — and what's even worse is that they're using YOUR bank #deposits to directly fund the destruction of the Amazon.
Hohe Ausgaben für Bankenrettungen belasten US-Geldhäuser
Mit der Veröffentlichung der Quartalszahlen der vier größten US-Banken hat die Berichtssaison begonnen. Die Geldhäuser litten zuletzt vor allem unter den hohen Zahlungen an den Einlagensicherungsfonds.
"Targeting the top-10 corporate tax dodgers, Sen. Bernie Sanders pledged on Friday to close loopholes that allow these large corporations to exploit offshore tax havens in order to avoid paying U.S. income taxes. Last year, Fortune 500 companies reportedly held over $2.1 trillion in accumulated profits offshore to evade paying U.S. taxes.
"'Three major profitable corporations not only pay nothing in federal income taxes, they actually got a rebate from the IRS,' Sanders told a town meeting in a student center at Iowa Wesleyan University.
"The presidential candidate informed his supporters that #GeneralElectric, #Boeing, and #Verizon paid no federal income taxes between 2008 and 2013. During that period, these three companies amassed more than $102 billion in combined profits, yet they received over $4.1 billion in income tax rebates from the IRS.
"In 2012, GE stashed $108 billion in offshore tax havens and would have had to pay $37.8 billion if the loopholes were closed. Receiving hundreds of millions of dollars in tax refunds from the IRS, Boeing and Verizon regularly outsource their jobs to China and other low-wage countries while hiding their profits in tax havens.
"Although #BankOfAmerica received a bailout of more than $1.3 trillion from the Federal Reserve and the Treasury Department, the bank hid $17.2 billion in offshore tax havens in 2012. Receiving a $2.5 trillion bailout during the financial crisis, #Citigroup stashed $42.6 billion offshore to avoid paying taxes in 2012.
"Faced with over 1,000 lawsuits accusing the company of selling Zoloft while secretly aware it could cause malformed hearts in newborns, #Pfizer operates subsidiaries in 151 tax havens. As the world’s largest drug manufacturer, Pfizer officially holds $74 billion in profits #offshore to avoid paying U.S. taxes.
"Although the CEOs of #Honeywell, #Merck, and #Corning have retirement accounts worth millions of dollars, these heartless tycoons want to raise the eligibility age for Medicare and Social Security to 70 while making significant cuts to Social Security. Sanders also mentioned that despite the fact that Federal Express receives $1 billion each year from the U.S. Postal Service, #FedEx was awarded a $135 million tax refund from the IRS in 2011.
"'In America today we are losing $100 billion in revenue every single year because large corporations are stashing their profits in the Cayman Islands and other offshore tax havens,' Sanders asserted.
"According to a report last year from U.S. PIRG (Public Interest Research Group) Education Fund and Citizens for Tax Justice, nearly 75% of Fortune 500 companies have tucked away $2.1 trillion in accumulated profits offshore to avoid paying U.S. income taxes. In 2014, at least 358 of these massive corporations maintained 7,622 tax haven subsidiaries throughout Bermuda, Ireland, Luxembourg, the Netherlands, Switzerland, and other havens.
If elected president, Sanders plans to close these tax loopholes in order to create and maintain at least 13 million jobs by rebuilding our crumbling roads, bridges, water systems, railways, and airports. On Friday, Sanders announced his plan to crack down on corporate tax dodgers by closing loopholes allowing U.S. corporations to avoid paying federal income taxes by setting up a post office box in a tax-haven country, artificially inflating foreign tax credits, and using offshore subsidiaries to evade taxes.
"Sanders vowed to eliminate tax breaks for #BigOil, gas, and coal companies, which would result in saving more than $135 billion over the next decade. He also promised to prevent companies from avoiding taxes by corporate inversions. By acquiring or merging with a smaller foreign business, many U.S. corporations have evaded paying taxes by claiming the new company is foreign, when in reality little to no personnel or operations have moved offshore."
"Bush also brought along a future president as a guest on one trip to Bohemian Grove. He introduced his son — George W. Bush — at a lakeside talk in 1995, saying that he'd make a great president, according to Domhoff."
By Eyewitness News WABC Tuesday, September 19, 2023
"At least 20 people were arrested during a climate change protest outside Bank of America on Tuesday.
"Police said 11 women and nine men were charged with civil disobedience and most are expected to be processed and released.
"Critics say that the bank is the third largest financier of fossil fuels.
"On Monday more than 100 people were arrested on Wall Street during a climate change demonstration and protest.
"A total of 114 protesters were arrested and taken into custody in #LowerManhattan. Those arrested were charged with civil disobedience.
"Despite the arrests, the group is promising more activism this week during the U.N. General Assembly.
"'This is our last resort,' said Alicé Nascimento of New York Communities for Change. 'We're bringing the crisis to their doorstep and this is what it looks like.'
"The aim of the protesters is to demand an end to fossil fuel financing.
"On Sunday, yelling that the future and their lives depend on ending fossil fuels, tens of thousands of protesters took to the Upper East Side in a march.
"Organizers estimated 75,000 people marched Sunday."
BREAKING: Bank Of America ordered by the Office Of The Comptroller of Currency to pay more than $100 million to its customers for illegally doubling fees and withholding reward bonuses, all without customer consent. https://bit.ly/44jpoWx#BankOfAmerica#Mastodon#BlackMastodon