Guess who pays no federal income taxes or taxes at a lower ratethan you do...
On 8/22/2011 6:13 PM, X ~ Man wrote:
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid
no federal income taxes, it actually received a $156 million rebate from
the IRS, according to its SEC filings.
2) Bank of America received a $1.9 billion tax refund from the IRS last
year, although it made $4.4 billion in profits and received a bailout
from the Federal Reserve and the Treasury Department of nearly $1 trillion.
3) Over the past five years, while General Electric made $26 billion in
profits in the United States, it received a $4.1 billion refund from the
IRS.
4) Chevron received a $19 million refund from the IRS last year after it
made $10 billion in profits in 2009.
5) Boeing, which received a $30 billion contract from the Pentagon to
build 179 airborne tankers, got a $124 million refund from the IRS last
year.
6) Valero Energy, the 25th largest company in America with $68 billion
in sales last year received a $157 million tax refund check from the IRS
and, over the past three years, it received a $134 million tax break
from the oil and gas manufacturing tax deduction.
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes
even though it earned a profit of $2.3 billion and received an almost
$800 billion from the Federal Reserve and U.S. Treasury Department.
8) Citigroup last year made more than $4 billion in profits but paid no
federal income taxes. It received a $2.5 trillion bailout from the
Federal Reserve and U.S. Treasury.
9) ConocoPhillips, the fifth largest oil company in the United States,
made $16 billion in profits from 2007 through 2009, but received $451
million in tax breaks through the oil and gas manufacturing deduction.
10) Over the past five years, Carnival Cruise Lines made more than $11
billion in profits, but its federal income tax rate during those years
was just 1.1 percent.
From a news release from U.S. Sen Bernie Sanders, of Vermont.
It's not our fault that you don't understand new math and fuzzy logic.
You should have applied yourself more in school. Ta Ta asshole.
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