Eliminate $6 Billion in Corporate Tax Breaks before cutting programs

The tax system is riddled with waste, fraud and abuse which gets worse yearly. Whether it is the exploitation of corporate loopholes or a property tax system which benefits the largest corporations, these loopholes are a major reason we are cutting schools, the poor and colleges and universities. Everyone is sacrificing except the richest and most powerful.

The following represents over $6 billion in special interest waste in the tax system. These are giveaways to corporate interests that have no impact on the economy and jobs. In fact, in some cases they are harmful to economic growth as well as the budget. These are permanent tax breaks, some of which were enacted in exchange for temporary revenue increases.
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High-Tech, Low Tax: How the Richest Silicon Valley Corporations Pay Incredibly Low Taxes on Their Land

Read our new report on the massive undertaxation of Silicon Valley property.

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California Property Taxes Can Vary Wildly In Silicon Valley

Read this New York Times/Bay Citizen report, based on our research, which delves more deeply into property identified in the report.

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