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We're Not Broke

Allison Kilkenney @ The Nation - Back in February 2011, I started reporting on a movement called US Uncut that formed in opposition to the practice of tax-dodging. As it turns out, corporate tax evasion is a huge, huge problem. In fact, the United States loses an estimated $100 billion in revenue every year as multinational corporations hoard their cash overseas in havens.

It’s true that no one movement or cause is solely responsible for the birth of Occupy Wall Street, and protesters list an impressive spectrum of issues and events that inspired them to get involved in OWS, ranging from the Arab Spring to tuition debt to the corrupt political system. However, US Uncut was definitely at the forefront of framing the “99 percent” narrative seized upon by Occupy. Except, back then, US Uncut referred to America’s woes as being “The Corporations versus Everyone Else.”

Quite simply, major companies (GE, Apple, FedEx) were robbing the country blind during a time when the 99 percent were being asked to sacrifice their already meager means. As teachers were fired, and firefighters laid off...read more.

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