Wednesday, April 6, 2011

Top 10 US Corporate Tax Avoiders Named on Senate Floor

Among those actually getting money back from the Feds:

* ExxonMobil made $19 billion in profits in 2009, paid no federal income taxes, received a $156 million rebate

* Bank of America received a $1.9 billion IRS refund despite $4.4 billion of profits

* General Electric had $26 billion in profits, and $4.1 billion refund (GE made it onto another top 10 list of top corporate lobbyists in 2010, spending $39 million) 

* Chevron nabbed a $19 million refund after making $10 billion in profits

http://www.care2.com/causes/politics/blog/top-10-us-corporate-tax-avoiders-named-on-senate-floor