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Tue April 17, 2012
Protesters stage mock foreclosure on Wells Fargo Bank
In a scene reminiscent of last fall’s Occupy Seattle protests, several hundred people rallied in downtown Seattle today shouting that the 1 percent needs to pay more in taxes.
Activists marched to the Wells Fargo Bank building on 3rd Avenue and stretched large faux yellow crime scene tape around part of it. They pretended to auction off assets such as the CEO’s salary.
Rachael DeCruz, with Washington Community Action Network, helped organize the event.
“We’re just trying to highlight the facts that everyone here is paying their fair share in taxes and large corporations like Wells Fargo aren’t,” she said.
At 4:30 p.m., the group plans to hold a protest in Denny Park near Amazon.com's headquarters.
Activists point out that, while the corporate tax rate is 35 percent, companies such as Amazon pay only a fraction or that because of tax loop holes.