In 2022 alone, 55 of the largest corporations in the U.S. paid $0 in federal taxes, despite having substantial pre-tax income.
Lockheed Martin is a prime example with a whopping 71% of its net sales coming directly from U.S. government contracts. That means a HUGE share of Lockheed's $7.9 BILLION stock buybacks, along with its dividends and appreciated stock value last year was funded by YOU.
In response, last year, Congress passed and President Biden signed a law setting a 15% corporate profits minimum tax on billion-dollar corporations who benefit from lucrative government contracts while exploiting tax loopholes to avoid paying their fair share. Now as the U.S. Treasury Department is finalizing the rules for implementing the tax law, these weapons contractors are going all out with lobbying and favor-seeking to keep this profit pipeline flowing.
Lockheed, Raytheon, and General Dynamics have turned tax evasion into an art form, amassing immense wealth at the expense of the taxpayer as they pay their investors TENS OF BILLIONS every single year.
Join us in sending a resounding message to President Biden: It's time to end this billion-dollar dance. Hold weapons contractors accountable and make them put their fair share back in the pot.