In the U.S. the house has passed a “stimulus” package, that does away with the corporate minimums tax retroactively for the past 15 years.
Corporate minimum tax requires all corporations to pay at least some minimum amount of tax, regardless of how many deductions and tax credits they can find. A number of corporations will get big bonus tax returns: -$1.4 billion for IBM -$833 million for General Motors -$671 million for General Electric -$572 million for Chevron Texaco -$254 million for Enron This is suppossed to stimulate the U.S. economy?
To protest: http://www.moveon.org/warprofiteering/ To buy shares in IBM: http://www.ameritrade.com/ From Brahm.