Skip Nav
Wellness
10 Ways to Practice Self-Care This Weekend (That Don't Involve Spas)
Harry Potter
Harry Potter Fans: This Is the Only Fidget Spinner You Need in Your Life
Budget Tips
100+ Cheap or Free Things to Do This Summer

Bank of America Taxes Protest

Activists Gather to Protest Big Firms on Dodging Taxes Claim

We moan and groan about the huge chunk of money that Uncle Sam takes out of our paycheck, so it's only fair that corporations should experience the same alongside us, right? Turns out, some activists are saying that these companies aren't paying a fair amount of taxes. Yesterday, there were a large number of protests held around the country, mostly organized by MoveOn.org, to speak out against this grievance.

Dozens of protestors showed up at Bank of America's branch in Connecticut, claiming that BofA did not pay any federal taxes in 2010 because of offshore tax havens. In response, a BofA spokesperson said, "Income tax is based on income, and in 2010 we reported a loss. However, we still paid more than $2 billion in state and local taxes, payroll taxes, property taxes, sales and use taxes, and other taxes."

Image Source: Getty
Around The Web
Join The Conversation
Michelle Obama Wearing J.Crew
MAC and Dua Lipa Lip Gloss
Pierce Brosnan and Keely Shaye Smith Cute Photos
Grace Kelly and Prince Rainier III Pictures
High Ponytails Ideas From Celebrities
You Probably Already Own These Celebrity-Approved Sneakers
Michelle Obama Wearing Corset
Best Dresses at Cannes 2017
Princess Diana Photos
Kourtney Kardashian and Younes Bendjima in Cannes May 2017
From Our Partners
Latest Afforable DIY & Organization
All the Latest From Ryan Reynolds