As fiscal cliff looms, coal to be dumped at companies whose CEOs are pushing Congress to cut to Medicare, Medicaid, and Social Security
When: TODAY, Wednesday, December 12, 2012 at 12:00 noon
Where: Gather at Westlake Park, then proceed to local outlets of Macy’s, Chase, and Bank of America to deliver lumps of coal by the wheelbarrow-full.
What/visuals: People affected by the budget cuts being proposed in Congress will deliver lumps of coal by the wheelbarrow-full to corporations whose naughty CEOs are pushing Congress to cut tax rates on the rich and pay for it by cutting Social Security, Medicare, Medicaid, and other programs. Santa Claus will attend with a giant naughty list naming the CEOs pushing for budget cuts. Each lump of coal being delivered represents one of hundreds of names added to a petition calling on our elected officials to stand with the people, not the CEOs, and give us what we voted for: jobs, not cuts.
* Bank of America would see a tax cut of as much as $2.5 billion from the proposals they are pushing.
* Chase would see a tax cut of as much as $4.9 billion from the proposals they are pushing.
TODAY, local residents will call on elected officials to fulfill their commitment to represent us — not the CEOs — and deliver on what we voted for: jobs, not cuts.
* A recent report by the Institute for Policy Studies titled “The CEO campaign to ‘Fix’ the Debt: A Trojan Horse for Massive Corporate Tax Breaks” showed how corporations & CEOs would profit greatly from their budget proposals.