This just in from the Huffington Post:
“A webcast of Carnival Corporation’s shareholders meeting at the W South Beach Wednesday morning was reportedly shut down after the event was infiltrated by a group of concerned Miami-Dade citizens critical of the company’s measly tax contributions.”
“Carnival, which made over $11 billion in profits in the last 5 years, paid just 1.1% of their profits in taxes according to the New York Times, approximately $3.8 billion less than what would be required by the statutory U.S. corporate tax rate. Instead, the business is registered in Panama though it is headquartered in Doral.”
“Rev. Dr. Guillermo Marquez-Sterling, a United Church of Christ Minister, was the first to speak, addressing Carnival as being in the ‘valley of greed.’
“Arison tweeted Wednesday afternoon that the meeting had been ‘interesting,’ but did not elaborate.”
Check out the full article here.