A multinational corporation, General Dynamics, taking huge sums of money from taxpayers should not be paying workers starvation wages. Bernie Sanders stands with the workers who are fighting back against low wages and wage theft. #CorporateWelfare
A multinational corporation taking huge sums of money from taxpayers should not be paying workers starvation wages. I stand with the workers who are fighting back against low wages and wage theft.
Posted by U.S. Senator Bernie Sanders on Thursday, March 8, 2018
General Dynamics is also requesting a $60 million tax break from the state of Maine over the next 10 years. General Dynamics owns Bath Iron Works in Bath, ME which manufactures Warships, Aegis Destroyers, and Zumwalt’s for the Pentagon. BIW workers haven’t gotten a pay raise in 4 years while Phebe Novakovic war rewarded a $5 million dollar bonus last year. General Dynamics has also decided it could afford to spend $10.3 billion (since 2013) repurchasing its own shares/stocks, or 86 percent of company profits. This shows GD doesn’t need a tax break yet continues to profit off the backs of workers in Maine and across the country.
Emeritus Professor of Law, Orlando Delogu of the University of Maine School of Law, explains why General Dynamics does NOT need a tax break.
Bruce Gagnon has been on a hunger strike for over 3 weeks to fight back against this #CorporateWelfare and to save his home town of Bath from being duped again by corporations and politicians beholden to profits.
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