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The New DU. Reply #13: This year Wall Street
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sulphurdunn
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Sat Mar-19-11 07:14 PM
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| 13. This year Wall Street |
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will pay out about $144 billion in bonuses. The budget deficits of all 50 states combined will be $125 billion.
The wealthiest 400 Americans are worth more than the poorest 155 million.
The $40 billion Congress wants to cut from the Federal budget about equals the amount of taxes it forswore collecting from the wealthiest Americans.
GE, BOA and Exxon had combined profits of $57 Billion in 2010 and paid no corporate income taxes in the United States. BOA and GE did however receive $3 billion in tax rebates from the Federal Government that year.
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