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 A project of CASHCOW, the Center for the Advanced Study of Huge Corporations On Welfare |
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| "Cooperation between the state and corporations is the very essence of fascism." Benito Mussolini |
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FUN-FACT! | In 2001 the Bush IRS offered amnesty to companies that will admit they committed a crime by hiding revenues in illegal tax shelters. Ninety companies admitted to cheating the country of $15 billion, and the IRS estimates 413 other illegal shelters remain. The companies paid no penalties for their crimes.
according to Ben Bagdikian in The Progressive |
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FUN-FACT: | Texaco, PepsiCo, and MCI Worldcom, were among the many fantastically profitable corporations who paid less than zero dollars in US Federal Income Taxes in 1998! according to the Institute on Taxation and Economic Policy |
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FUN-FACT: |
Four fifths of the world's population live below what countries in North America and Europe consider the poverty line.
according to the World Bank |
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FUN-FACT: | The poorest 10% of Americans are still better off than two-thirds of the world population.
according to the World Bank |
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FUN-FACT! | Number of children lacking health coverage: Japan: 0 United Kingdom: 0 (including non-citizens) USA: 10,600,000 (in 1996) according to Earth Island Journal and the US Dept. of Commerce |
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FUN-FACT! | U.S. Secretary of the Treasury Paul O'Neill favors completely eliminating corporate income taxes .
according to the Financial Times |
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FUN-FACT! | Revenue of the US electric utility industry in 1999: $216.7 billion
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FUN-FACT: |
The richest 1% of the world's POPULATION have income equivalent to the poorest 57% according to the World Bank |
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FUN-FACT! | Percentage increase in annual sales of antidepressants in the US between 1999 and 2000: 21% according to the Trends Research Institute |
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FUN-FACT! | Since 1953 the share of Income Taxes paid by corporations has dropped from 41% to 20%, while the share paid by individuals has risen from 59% to 80%.
according to The Statistical Abstract of the United States |
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FUN-FACT! | Enron profits in 2000: $979,000,000
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| >What is MOCOW? | The DisneyHole | Rides and Games | Financial | Press room | Links | Fun Facts | HOME |
| "Cooperation between the state and corporations is the very essence of fascism." Benito Mussolini |