nick's definitions
by Nick August 12, 2003
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The owner, usualy/always is a rich selfish bastard who doesn't care if other people are dying from hunger or haven't got clean drinking water etc.. but cares more about how many family buissness he/she closed down today. So many millions of lives could have be/ could be saved if these people wern't so damn greedy. The main aim of corperations is to drive down the cost of making the product so they get make a better profit, this includes moving factories to countries like india where the minimum wage is many times lower than in the 1st world, in places such as these, child labour is often used. I'm not saying that they should move out and create unemployment for countries they have their factories, but they should increase their wages to at least the american minimum wage.
T
They exploit loopholes in taxes to save money meaning we pay higher taxes to make up the difference or less money goes into the public sector which means the rich get richer and standards for poorer families go right down either way, 44 of 82 of america's top companies did not pay the standard corperation tax, but lower. 17% of these payed no taxes at all . Forbes magazine estimated this costs us $10 Billion year.
This is done by moving their headquaters to other countries, this being just one department.
The irs used to chase up these loopholes but have since given up. Instead, taxes on corperations have gone down by %26 while the average american tax went up by AT LEAST %13
T
They exploit loopholes in taxes to save money meaning we pay higher taxes to make up the difference or less money goes into the public sector which means the rich get richer and standards for poorer families go right down either way, 44 of 82 of america's top companies did not pay the standard corperation tax, but lower. 17% of these payed no taxes at all . Forbes magazine estimated this costs us $10 Billion year.
This is done by moving their headquaters to other countries, this being just one department.
The irs used to chase up these loopholes but have since given up. Instead, taxes on corperations have gone down by %26 while the average american tax went up by AT LEAST %13
Nike
Mcdonalds
Reebok
Quicksilver
all have factories in countries where the minimum wage is substantualy less than america and where child labour is used.
Mcdonalds
Reebok
Quicksilver
all have factories in countries where the minimum wage is substantualy less than america and where child labour is used.
by Nick August 15, 2003
Get the Corperations mug.One of the best punk bands still around today. Definatly 1 of my favourite political punk bands, both musicaly and in terms of lyrical truth and thoughtfulness. Normaly each song has a powerful moral/politcal message.
E.g When all soliders lay their weapons down, or when all kings and all queens relinquish their crowns, or when the only true messiah rescues us from ourselves, then it's easy to imagine there will be sorrow no more.
E.g When all soliders lay their weapons down, or when all kings and all queens relinquish their crowns, or when the only true messiah rescues us from ourselves, then it's easy to imagine there will be sorrow no more.
by Nick August 15, 2003
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