Tuesday, December 17, 2013

California Union Pays Only 1.7% of Income in Taxes, Yet Demands Corporations "Pay Their Fair Share"

California Union Pays Only 1.7% of Income in Taxes, Yet Demands Corporations "Pay Their Fair Share" - Kyle Olson - Page 1:
 "The CFT’s 2013 LM-2 financial report reveals the union received $21,866,549 in “total receipts.”
That type of annual revenue is probably on par with a lot of big corporations.
And the union certainly acts like a corporation in the manner in which it compensates top employees:

·Jeffery Freitas, Secretary-Treasurer - $166,664
·Daniel Martin, Executive Director - $150,557
·Kenneth Burt, Political Director - $140,102
·Fred Glass, Communications Director - $139,456
Yet the union only paid $371,150 in “direct taxes.” Labor unions are categorized as non-profits by IRS rules and therefore are immune from income taxes.

So these numbers reveal the union paid 1.7 percent of its income in “direct taxes.” 
Does that qualify as its “fair share?”"

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