Guess who pays no federal income taxes or taxes at a lower ratethan you do...
On Aug 22, 7:18*pm, BAR wrote:
In article ,
says...
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.
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