Huffington Post: Small Businesses Believe Wealthy And Big Corporations Not Paying Their Fair Share Of Taxes

By Janean Chun
Huffington Post, Feb 6, 2012 

Small-business owners don't think big corporations and the wealthy are paying their fair share of taxes, with nine out of 10 small-business owners saying that big corporations use loopholes to avoid the taxes small businesses have to pay, according to a nationwide survey released Monday by the American Sustainable Business Council, Main Street Alliance and Small Business Majority. Ninety-two percent of the small-business owners say corporations using tax loopholes, such as moving U.S. profits to offshore subsidiaries, is a problem, while three out of four say their small business is harmed when big corporations use loopholes to avoid paying taxes.

Sixty-seven percent of small-business owners believe big corporations pay less than their fair share of taxes, while 73 percent believe multinational corporations pay less than their fair share.

"I've been in business 32 years, and I'm appalled at how big corporations and millionaires have shrunk their taxes," Lew Prince, managing partner of Vintage Vinyl, an independent music store in St. Louis, Mo., said in a release from American Sustainable Business Council, Main Street Alliance and Small Business Majority. "Ingrates like Amazon wouldn't even exist without the Internet, which grew out of government research. The least that big corporations and their executives could do is pay their fair share for the roads, ports, education, research, public safety and everything else that tax dollars buy."

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