G.E.?s Strategies Let It Avoid Taxes Altogether
- Thread starter Chadman
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Thanks for stopping in for your bi-weekly visit to take swipes at Duff, Tramp & I... Dawgs.
No doubt, Dawgs is doing a beer run on his riding mower as I post this.
In case you're looking for the facts
http://finance.yahoo.com/news/Caterpillar-CEO-No-plans-to-apf-3958335982.html?x=0&.v=1
CHAMPAIGN, Ill. (AP) -- The CEO of Peoria-based Caterpillar Inc. said Wednesday a letter he wrote to Gov. Pat Quinn complaining about the state's business climate was never intended as a threat to move the Fortune 500 manufacturer's headquarters out of Illinois.
. . . Oberhelman said news reports sensationalized his statements about the state's business climate.
. . . "I actually said I'm looking forward to finding ways to invest more in Illinois."
I posted that long time ago you little roach.
Your grift- as your sheep stated 10 top companies which is as big as lie as your french debacle.
The laugher here is not that you get caught AGAIN in a blatant lie--
But how simple does one have to be to believe and repeat a statement like trench--
"Duff showed that 10 of the largest corporations in America received tax refunds or payed a net tax rate of no more than 1.1%"
--any others that bit --go over the tax paid by top 25 in link above --
Sheez How often do these trolls have to be exposed--:facepalm:
u might want to look at the post above urs if u want to see what exposed means :mj07:
And I know some people learn better by using pictures, but the slide says that Exxon had $37 B in profits in 2009 and $17 B in taxes and makes you feel sorry for the poor Company. . . and then you read their financial statement and find that they reported a US tax benefit (i.e. tax refund) of $46 Million. . . even though they had $37 Billion in profits. . . and a third of their revenue was derived in the US. . . . and then you wonder if you even need to check on the other companies on the list . . . and then you wonder how people question anything and everything, but keep taking something from the WSJ and Forbes as gospel. . . .and why doggie got duped again
Christ on a stick, you're just like Maggot, doggie - an illiterate turd who can't read plain English.
You like large print, here, push your wet nose up against the screen and read -
I hope your owner housebreaks you soon. Meanwhile, crawl back under the porch.
Where are her papers? ?ella no tiene?
) 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.
http://warners.newsvine.com/_news/2011/03/29/6367157-top-10-tax-avoiders-list
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Dawgs, you back from your beer run already?
You didn't learn your lesson the last time, did you Dawgs?
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Dawgs knows his rights... :142smilie
