We're Not Broke 2012 NR

Amazon Instant Video

Available in HD
(10) IMDb 7.2/10

We're Not Broke is the story of how multi-national corporations make record profits, yet dodge billions of dollars of income tax, and how seven fed-up citizens take their frustration to the streets...and vow to make the corporations pay their fair share.

Starring:
James S. Henry, Chuck Collins
Runtime:
1 hour, 21 minutes

Available to watch on supported devices.

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Product Details

Genres Documentary
Director Victoria Bruce, Karin Hayes
Starring James S. Henry, Chuck Collins
Supporting actors Bernie Sanders, Edward Kleinbard, Carl Levin, Ryan Clayton, Rebecca Wilkins, Jesse Drucker, Martin Sullivan, Jeffrey Winters, David Marchant, Lee Sheppard, Nicholas Shaxson, Jack Blum, Daniel Garvin, Joanne Gifford, Carl Gibson, Bobbie Arrington, Kira Elliott, Chris Priest
Studio Sundance
MPAA rating NR (Not Rated)
Rental rights 3-day viewing period. Details
Purchase rights Stream instantly and download to 2 locations Details
Format Amazon Instant Video (streaming online video and digital download)

Customer Reviews

4.2 out of 5 stars
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Most Helpful Customer Reviews

2 of 2 people found the following review helpful By Amazon Customer on March 18, 2013
Format: Amazon Instant Video
This multiple award winning documentary take you through the economics and politics that have undermined the US economy and why. It pulls back the current on the corporate campaign to pay little or not tax and sabotage the Federal governments authority and ability to hold them accountable. They have usurped government by, for and of the people.
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2 of 3 people found the following review helpful By J. L LaRegina on March 17, 2013
Format: Amazon Instant Video
For several decades America's cut taxes for corporations and the one percent but still spent like crazy on war and other big business-enriching ventures. Cut revenue, borrow and spend, and then say, as we hear from the likes of Speaker of the House of Representatives John Boehner and New Jersey Governor Chris Christie, "We're broke."

With its title, this 2012 documentary corrects that: WE'RE NOT BROKE.

Corporations such as Exxon-Mobil, Google, and General Electric contribute zero in taxes on the billions they make in profits. Instead of making them pay their fair share, we should spend less on education, health care and infrastructure, Congressman Boehner and Governor Christie? Common sense should answer that for the Congressman and the Governor but WE'RE NOT BROKE does with facts and figures as well as by showing the blood, sweat, and tears of U.S. Uncut, the citizens' movement aiming to make corporate tax dodgers pay up on their record profits.

America isn't broke. It's rich, but the problem is the wealth belongs to the one percent. They stole it from the 99 percent. That's why you're broke. As this documentary underscores, you're a broke person living in the wealthy United States of America.

See WE'RE NOT BROKE.
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Format: Amazon Instant Video
On 2/24/2014, US Defense Secretary Chuck Hagel announced major budget cuts. The number of soldiers will be cut to 440K, the lowest since before WW2. He stated, "This is a budget that recognizes the reality of the magnitude of our fiscal challenges."

Because the USA has large deficits, it can no longer pay for an optimum-sized military. Secretary Hagel stated, "American dominance in the seas, in the skies and in space can no longer be taken for granted."

We're Not Broke covers how multi-national corporations have paid no US federal taxes, despite making billions in profits. With the exception of GE; CNBC, CNN, Fox News, & MSNBC have not reported this subject the way this documentary has. It is truly incredible how so little is known about this.

For 2010, ALL of these multi-national corporations paid NO federal taxes: GE, Bank of America, Exxon, Chevron, Citigroup, Honeywell. These corporations had a negative income tax rate: Verizon -5.9%, Yahoo! -9.6%, DuPont -11.5%, Boeing -0.1%, Ford -1.7%. FedEx's was 0.9%. WNB does not specify what Forest Laboratories', Wells Fargo's, Verizon's, Caterpiller's, Google's or Pfizer's tax rates were.

WNB reports these corporations use Transfer Pricing so they can pay lower tax rates in Bermuda, Bahamas, Cayman Islands and Ireland. Also, 100s of USA corporations have a Cayman Islands PO Box so they can pay a 0% tax rate.

It costs a congressman millions, a senator $40 million and a president one billion to get elected. Most of the expense is for TV commercials. Corporations give them money and in return they vote for laws which enrich them further.

Elections must be free to end most of the IMHO corruption. The government owns the radio and TV airways.
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Extremely lucid and informative; well researched and well executed. We have been bankrupted by greedy corporations who do not want to give back to the very nation who's services, consumers, and workers they depend on and exploit. For the sake of making a relative handful of people obscenely rich, basic services have been slashed. This includes education, healthcare, and emergency services. Big corporations now own the U.S. Congress, so there's no point to relying on our so-called representatives to fix things. Painful to watch, but that's only because it's so on the mark; so painful to see American grown companies we trust ripping us all off and abandoning us in our hour of need.
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1 of 2 people found the following review helpful By Strategos on March 31, 2014
Format: Amazon Instant Video
As my father so aptly put it to me many a time, there is only so much pie, and if someone else has it, you don't. That's simple logic. Where did all the money go? How come the biggest economy in the world can't afford to keep schools open, firefighters paid, and bridges and roads eroding to nothing? Because the rich people stole all the money of course! It's so logical, you'll feel like an idiot for not seeing it before. The evidence is all around you.

Now granted, my perspective is bound to be different because I read and write about Economics and Psychology in my spare time. It's a hobby of mine. But sometimes I get just a little frustrated with people's determination not to understand math or even just the way the world works.

"If rich people get paid more they just pay more in taxes so it makes no difference."

Yeah, except that instead of those taxes being on money that goes to you and me, it goes to rich people who hoard it instead of using it as I would be pay bills and keep food on the table. Not to mention the fact that unlike you and me, like the businesses they work for, rich people make an art out of dodging taxes (Yes, Mr. Dave Ramsey, it is LEGAL to use a lot of tax loopholes, which is why billionaires and big businesses pay less in taxes percentage-wise than I do. Heck people like that are often working for the government writing the very tax loopholes that give them free money). If you had an army of accountants, tax experts, and lawyers, you wouldn't be paying much in taxes either (don't even try to tell me that you would).

"Government created the problem"

Do you not realize that governments are made of people? And people are elected using campaigns? And campaigns are paid for by those with money?
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