Take Back the Economy
The economy is in trouble and everyone knows it. But not a lot of folks know about the biggest and richest corporate players involved: private equity firms.
Private equity firms in the US own everything from Dunkin Donuts to Toys 'R' Us to Burger King but they operate in the shadows, making much of their money by ruthlessly eliminating jobs, slashing wages, and selling off operations.
The top executives make billions while jobs are lost and communities suffer.
Not only that, but
due to a loophole in the law, these "Buyout Barons" often pay a lower tax rate than ordinary Americans.
So a billionaire like
Henry Kravis, founder of the firm KKR, can pay a lower tax rate than teachers, nurses, and other hard-working people.
How can you help in this fight?
>> Join Us: Global Day of Action at KKR Headquarters in Menlo Park, July 17
We're sending a petition to key members of Congress, asking them to close tax loopholes for the "Buyout Barons." It's the first step in a global campaign to take back the economy.
Click here to sign the petition and join the fight.
SEIU is joining with partners in the US and 25 other countries to demand accountability for private equity firms and the billionaires who run them. This petition is the first step. The second step is Global Day of Action on July 17.
These private equity firms are global in their reach and they have global impact on our communities. So we're going global, too. Thanks for joining the fight.
Comedian Lewis Black filmed a "rant" against the greed of Henry Kravis and other "Buyout Barons." Go to
http://www.july17action.org to check it out.