Meg Gallagher

Corporate Taxes
4:22 pm
Tue May 1, 2012

May Day protesters take aim at Peabody tax policies

Michelle Witthaus (right) was removed from Peabody Energy's stockholder meeting.
(Joseph Leahy/St. Louis Public Radio)

About 150 activists marched outside Peabody Energy’s annual stockholder meeting in downtown St. Louis today.

The protesters decried an unfair tax code that they say allows  the energy company to dodge paying its fair share of taxes. For instance, they say Peabody paid $0 in federal income taxes in 2008 and 2009; and $0 in state income taxes in 2010.

Peabody Energy's Corporate Communications Director Meg Gallagher says, however, the group’s numbers are inaccurate.

Read more