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posted to rec.boats
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First recorded activity by BoatBanter: Aug 2011
Posts: 351
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Guess who pays no federal income taxes or taxes at a lower ratethan you do...
On 8/22/11 7:26 PM, Canuck57 wrote:
On 22/08/2011 5:18 PM, BAR wrote:
In articled42dndoxjIkcSc_TnZ2dnUVZ_oGdnZ2d@earthlink .com,
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.
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.
How come GE isn't on the list?
Because your dealing with fleabagger material.
You must have been one crappy bookkeeper. You're the second or third
right-wing moron who has demonstrated an inability to read. Here's a
hint: GE is the initialism for General Electric.
Stupid schmucks.
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