Many Profitable Corporations Pay Zero Federal Income Taxes, GAO Finds
WASHINGTON, April 13 – Large, profitable American corporations paid just 14 percent of their profits in federal income taxes on average from 2008 through 2012 and about one-fifth of them paid nothing at all each year, according to a new study prepared for Sen. Bernie Sanders by the Government Accountability Office. “There is something profoundly wrong in America when one
Congress Passes Seniors Bill
WASHINGTON, April 7 – The Senate today unanimously approved and sent to President Barack Obama a bill to support and expand social and nutrition services for seniors. Sen. Bernie Sanders, a leader in the effort to reauthorize and strengthen the Older Americans Act, applauded the bill’s passage. “A nation is judged by how it cares for its most vulnerable,” Sanders
Sanders Applauds New Rules to Curb Corporate Tax Dodges
WASHINGTON, April 5 – Sen. Bernie Sanders issued the following statement after the Department of the Treasury issued new rules that would curb the tax dodging practice known as corporate inversions: “I am pleased that the Treasury has announced new rules to block profitable American companies from gaming the system to dodge U.S. taxes. While the full impact is still
Joint Statement of the Vermont Delegation on the Air Force’s Announcement About F-35A Stationing at Burlington International Airport
WASHINGTON, April 4 – The Secretary of the Air Force on Monday announced that the new F-35A Lightning II fighter will be stationed in Burlington in the Summer of 2019, several months earlier than expected. Vermont’s congressional delegation – Sens. Patrick Leahy and Bernie Sanders and Rep. Peter Welch – issued the following joint statement after the announcement: “According to the
Low-Income Americans are Dying Young and Losing Out on Earned Social Security Benefits, GAO Finds
WASHINGTON, April 4 – Low-income Americans are dying younger than their higher-income peers and are losing out on earned Social Security benefits, according to a new study prepared for Sen. Bernie Sanders by the Government Accountability Office. As a result of growing disparities in life expectancy between the rich and poor, the progressive effect of Social Security is eroding. American
