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BAR[_2_] BAR[_2_] is offline
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First recorded activity by BoatBanter: Jun 2008
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Default Guess who pays no federal income taxes or taxes at a lower rate than you do...

In article a6f56113-cd60-4813-9e33-5d2d965a28d1
@t30g2000prm.googlegroups.com, says...

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.


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

Z 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?


Harry is doing the political shill thing.. the group is ****ed until
november of next year as he brings us his agenda on overdrive...


It appears that Obama and Ron Paul are polling neck and neck. A left
wing communist and a libertarian, who would have thought it possible.