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Default Guess who pays no federal income taxes or taxes at a lower rate thanyou do...

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.
 
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