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I Pay My Taxes, Why Doesn't Bank of America?

Banking protests planned February 26 across the USA.

The UK Uncut movement has crossed the pond and inspired activists in the US. Americans are targeting Bank of America. This corporation, the largest bank and the fifth largest corporation in the US, has consistently avoided any form of accountability to the American taxpayer. In 2009 it paid no tax … but received a tax refund. And last year the federal government gave Bank of America $2.3 billion.

Update: February 26 – citizens across the country are protesting at Bank of America branches and peaceably but forcefully demanding they account for their actions. This could finally be the movement that keeps the banks honest. Let’s make this go viral … with flash mobs protesting against corporate crooks all across America.


Go to US Uncut to find a protest near you!

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26 comments on the article “I Pay My Taxes, Why Doesn't Bank of America?”

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russ

Bank of America enjoys all the benefits that tax payers have. It is just right for them to pay what they owe the State.

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russ

Bank of America enjoys all the benefits that tax payers have. It is just right for them to pay what they owe the State.

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Harsha

Interesting comments. I have a few questions.
a) What mass action will you take and towards what specific ends? (e.g. Equity for all)
b) Do you have the mettle to withstand the coercive consequences that are certain to follow over time? Consider withdrawal of products & services, police and/or military crackdowns, blockage or monitoring of communication, prevention of access to utilities and vital necessities, smear campaigns (every one of us makes mistakes and has skeletons in the closet), and worst of all pandering to some collective weakness (i.e. your desires either individually or collectively). This fascist approach (totalitarian even) is what the corporate complex could well do although less directly.
c) How will the mass be organised considering that the average white-collar worker is more concerned about his ego & paycheck (and maybe his cool new set of wheels)? Remember there are a lot of people employed by these companies who cannot see beyond their own lives or their families.
e) Who will benefit from the positive outcome (if achieved) of such a mass action and how will the socio-economic system re-organise itself? And how long will that take?

Simply put: first know yourselves, know what you want to achieve and how you will achieve it - I mean exactly. It can be done and there will be a cost. Also the greater the willingness to compromise the longer the journey, the lower the short-term cost and the higher the long-term cost. Unfortunately, when it comes down to such opposing values (desires) it ultimately is just a pure power game: the power is just applied to different ends i.e. one for the collective and individual enhancement and the other for the greater benefit of a select few.

Harsha

Interesting comments. I have a few questions.
a) What mass action will you take and towards what specific ends? (e.g. Equity for all)
b) Do you have the mettle to withstand the coercive consequences that are certain to follow over time? Consider withdrawal of products & services, police and/or military crackdowns, blockage or monitoring of communication, prevention of access to utilities and vital necessities, smear campaigns (every one of us makes mistakes and has skeletons in the closet), and worst of all pandering to some collective weakness (i.e. your desires either individually or collectively). This fascist approach (totalitarian even) is what the corporate complex could well do although less directly.
c) How will the mass be organised considering that the average white-collar worker is more concerned about his ego & paycheck (and maybe his cool new set of wheels)? Remember there are a lot of people employed by these companies who cannot see beyond their own lives or their families.
e) Who will benefit from the positive outcome (if achieved) of such a mass action and how will the socio-economic system re-organise itself? And how long will that take?

Simply put: first know yourselves, know what you want to achieve and how you will achieve it - I mean exactly. It can be done and there will be a cost. Also the greater the willingness to compromise the longer the journey, the lower the short-term cost and the higher the long-term cost. Unfortunately, when it comes down to such opposing values (desires) it ultimately is just a pure power game: the power is just applied to different ends i.e. one for the collective and individual enhancement and the other for the greater benefit of a select few.

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