General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSince corporations are people, too, guess how many of the largest corps. paid NO INCOME TAXES!
Here they are! The CORPORATE MOOCHERS that no doubt Romney forgot to include in his 47% count of the deadbeats (I'm sure it was just an oversight).
Here is a list of the top 10 corporate deadbeats and slackers (thanks to Senator Bernie Sanders of Vermont):
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.
http://sandiegofreepress.org/2012/09/who-else-doesnt-pay-taxes-top-10-corporate-deadbeats-and-slackers/
enough
(13,255 posts)tk2kewl
(18,133 posts)they're grifters
Honeycombe8
(37,648 posts)tk2kewl
(18,133 posts)smirkymonkey
(63,221 posts)And Mitt calls the "47% " of honest hard working Americans "moochers".
What a PIG!
Jack Rabbit
(45,984 posts)Have they no shame? Can't they take responsibility for themselves?
KamaAina
(78,249 posts)Tigress DEM
(7,887 posts)BILLIONS in profits.
Billions in tax refunds, write offs and credits.
WORST offenders are the oil companies. WITH ALL THE MONEY THEY ARE MAKING AND ALL THE MONEY THEY MOOCH OFF THE GOVERNMENT
--- WHY --- WHY --- WHY --- IS the price of GAS GOING UP > UP > UP ???
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.
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.
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.
This makes me