"Unions rip Comcast over tax loophole"

SOURCE

DUPONT - State and municipal union workers protested outside a Comcast office on Wednesday over a tax loophole that allows companies like the cable television provider to not pay corporate income taxes.

Demonstrators said the so-called "Delaware loophole," in which Pennsylvania companies can incorporate in Delaware to avoid paying corporate income taxes, shortchanges the state from much-needed revenue that can be used to offset proposed cuts this year in funding for education and social-service programs.

Comcast Corp. is based in Philadelphia but has subsidiaries incorporated in Delaware, according to financial filings posted on its website.

A Comcast spokesman declined to comment.

Similar protests, organized by SEIU Local 668, were held in eight other cities across the state, union spokeswoman Leah Wright said.