El Pasoans Protest Unfair Taxes


POSTED: Tuesday, April 17, 2012 - 10:46pm

UPDATED: Wednesday, April 18, 2012 - 12:11pm

People around the country and in El Paso protested unfair taxes. The protesters said it's unfair that most people pay taxes for schools and other services but billionaires and large corporations don't pay their share of taxes.

About twenty people held signs outside the Bank of America on Mesa near I-10 Tuesday afternoon. The protest was organized by Move-on Civic Action.

Organizers said something needs to be done.

"Bank of America... if they had paid their share of taxes over the last five years, they would have had to pay $3 billion. They haven't. Instead they get money back from the government and bail out money instead of paying their share of taxes," said Fred Riek with Move-on Civic Action.

There were more than 500 similar protests across the country.

We contacted Bank of America and they responded that the facts did not support their claims.

According to Media Manager Diane Wagner, in 2011, Bank of America paid approximately $2 billion in U.S. taxes. In the past decade, Bank of America has paid more than $55 billion to federal, state and local governments.


Comments News Comments

Shouldn't these people be protesting outside the WH since it was this administration that allowed these so called injustices to happen?

What I do not understand is, we pay taxes for the schools and yet I have had to supply my daughter's classroom with copy paper, crayons, glue, etc. where is the money going, or WHO is getting overpaid? I wonder if next year I'll be paying tuition fees and book fees for my children that are in elementary! It blows me away that students that come from across the border are not investigated to see if they do reside here. I see many license plates from Juarez when I drop off my kids and I'm sure they do not contribute to taxes like the rest of us so we pay for them!

Post new Comment