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Uploaded by on Jul 10, 2008

Buyout firms such as Kohlberg, Kravis and Roberts have made billions of dollars using special tax breaks that reward them for buying and selling companies; and they've slashed wages and destroyed jobs all while using tax loopholes to pay an even lower tax rate than everyday Americans on their billion-dollar profits.

On July 17, in cities from New York to Bangalore to Paris, SEIU members will be joined by activists from 25 countries to take aim at the special perks and tax loopholes that buyout firms depend on to get rich.

There is legislation in the U.S. Senate to close the loopholes that would provide money for tax relief for middle income taxpayers and fund healthcare. The buyout industry has spent millions to defeat this legislation.

And now they're working with powerful friends in Washington such as John McCain, who have vowed to keep their special tax loopholes. John McCain even has powerful buyout lobbyists as advisers, and the granddaddy of the buyout industry, Henry Kravis, is helping him raise money.

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News & Politics

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  • likes, 4 dislikes

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All Comments (14)

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  • THATS GAPPA! YOU GOD DAMN FREAK! HOW COULD YOU CONFUSE GODZILLA WITH A BIG F***ING BIRD?

  • That's Gappa dude. Try using Google every once in a while. It might help.

  • ....What? there's only instants of godzilla stock footage other than that he isn't in here!

  • Wht the hell has to do McCain with the Gappas?

  • It is not Godzilla!

    Gappa is angry!

    Godzilla is angry, too!

  • thats not godzilla! you just wasted your

    dumb time

  • thats not godzilla! I still found entertaining though-it makes fun of john Mc-cain!! LOL!

  • Didn't know Gappas worked as lawyers.

  • FUCKIN RETARD DATS NOY GODZILLA

  • Gappa sux! He like Godzilla + Rodan in one!

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