On 22/08/2011 10:37 PM, Califbill wrote:
"Canuck57" wrote in message ...

On 22/08/2011 7:13 PM, BAR wrote:
In articlea6f56113-cd60-4813-9e33-5d2d965a28d1
@t30g2000prm.googlegroups.com, says...

On Aug 22, 7:18 pm, wrote:
In articled42dndoxjIkcSc_TnZ2dnUVZ_oGdn...@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
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.

Such a vote would come down to whether or not American voters want their
economic liberty....or what is left of it under Obama.
--
We have the most expensive governments no one can afford.
And wonder why the economy is doing so poorly?


Reply:
Actually read the article.
http://money.cnn.com/galleries/2010/...x_bills/2.html

Exxon paid 47% of their profit in taxes. Just not in the US. They get
to deduct those taxes paid overseas. It says Nigeria gets a tax rate of
85% on any profits in the country. Seems as if it is congress problem,
not an Exxon problem. Looks like Exxon actually paid the USA 7.7
Billion in taxes and duties last year. Seems as if that added some to
the cost of fuel.

And the jobs including employment taxes.

I am fully aware of the fleabagger bull**** going on here. But
fleabaggers also think a multi-national should pay DC taxes for products
made and sold in China as an example.

The reality is USA has too many ignorant, arrogant, debt loving,
uneducated low moral fleabaggers with votes. A cultural problem of
entitlement, envy and greed runs the USA.

It really ramped up in 2006-Democrat congres and Bernanke print money
inflation fraud, causing unemployment. Inflation mean instead of people
buying 20 widgets a month, they could only buy 19...so on comes QE1/2
and sooner or later QE3....and they will only buy 15 widgets, and 25% of
labor gets the axe.

Debt is an addiction, just like heroin, the very thing the fleabaggers
crave is the very thing causing the troubles. Too much government, too
much future tax-debt-slavery, too much unemployment and with zero rates
lower corporate earnings requirements. Less revenue for all, is less
spending for all...but wait...government grew like a cancer....

Fact is, USA is screwed for a decade or more, peraps 2 generations.
Just too much debt. And the US economy is collapsing, more and more
countries are outperforming the USA. For example, only Argentina in
South America is not outperforming the USA. Even Mexican pesos are
doing better.

Fact is America needs a leader to stand up and say, Bernanke, your a
fraud and fired. Bernanke Doctrine and Keynes is an utter failure of
the larges economic kind we have ever seen. Then cut 1/2 of the DC
government spending starting right now. If delinquent debtors can't
afford homes now, they never will.

Fact is USA is bankrupt. And a decision has to be made, is America a
nation of debt-tax slaves or is there going to be some economic liberty.
You can't have both, but not making a good decision might mean you get
neither.
--
We have the most expensive governments no one can afford.
And wonder why the economy is doing so poorly?