Local activists call for corporate tax reform

By Matt Porter

April 15, 2014 Updated Apr 15, 2014 at 6:54 PM EDT

Binghamton, NY (WBNG Binghamton) Citizen Action holds meeting to call for Congress to end corporate tax loopholes.

The activists called attention to what they say is more than $180 billion in uncollected corporate taxes due to loopholes in the tax law.

"As hardworking people all around the country file their tax returns today, many Americans will be shocked that an invisible tax burden has been placed on them this year by some of the largest most profitable corporations," said Judy Arnold from the Greater Binghamton Labor Relations Coalition.

The demonstration listed several highly profitable, multinational corporations they say paid no corporate taxes and instead received refunds from the government.

"If Congress requires emergency unemployment benefits to be paid for," said Diana Reyes of Citizen Action, "The least it can do is require corporate tax breaks to be paid for as well."

The group visited Senator Charles Schumer's office in Binghamton where they dropped off a letter urging him and other senators to pass legislation to curb corporate tax loopholes.