ST. LOUIS, MO (KTVI) – Occupy St. Louis protestors plan to gather in front of the Peabody Opera House at 10am Tuesday morning. Organizers say they will speak out against Peabody Coal.
According to a press release from Occupy St. Louis, the group has a big problem with Peabody’s tax bill. More specifically, they believe the company does not pay enough. Activists cite the company’s corporate report. They say Peabody plans to pay a tax rate of 26% this year, well below the 35% federal rate. They also say Peabody, and other companies, pay little or no taxes leaving middle income Americans and military veterans with few government-run services.
According to Reuters, more protests are planned across the country this May day. Occupy groups in other cities plan to protest on behalf of labor unions. They are calling this May 1st, “A day without the 99 percent”.
Occupy St. Louis protestors are expecting the support of students, jobless workers and other local activists.
We have had no response from Peabody Coal, just yet.