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<blockquote data-quote="purplesky" data-source="post: 1381330" data-attributes="member: 23628">No dude thats the problem.&nbsp; A 12% effective tax rate isn&#039;t low enough.&nbsp; CORPORATIONS WANT A 0% TAX RATE. ITS CALLED CORPORATE GREED.&nbsp;&nbsp; SOME CORPORATIONS ACTUALLY GET MONEY BACK FROM THE AMERICAN TAX PAYERS.&nbsp; Its ridiculous.&nbsp; Its not even a liberal vs conservative issue?&nbsp; ITS ALL ABOUT GREED.You see American corporations and Republican politicians stopped caring about America a long time ago.Here are a few examples of corporate greed:&nbsp; GE PAID 0% tax on $26 billion in profit from(2005-2010)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Bank of America paid 0% tax on $4.4billion in profit and received $1 trillion in the bailout in 2010. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Exxon paid 0% tax on $19billion in profits in 2009.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Chevron paid 0% tax on $10 billion in profits in 2009. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Citigroup paid 0% tax on $4 billion profit in 2010 and received $2.5 trillion in the bailout.&nbsp; Does it make sense to you now?&nbsp; Educate yourself with the facts and open your eyes to the greed.&nbsp; I actually own GE and BAC stock.&nbsp;&nbsp; If anybody has a large index fund or ETF they probably own all these companies.&nbsp; So for me as a shareholder I am pleased with the current 5 year bull run stock market. As an American taxpayer and citizen I am concerned about how we are going to pay for police and teachers and the military and the ports and medical research and etc,.&nbsp; Sure seems like a 12% tax rate would work for corporate America but apparently greed gets in the way.</blockquote>

[QUOTE="purplesky, post: 1381330, member: 23628"] No dude thats the problem. A 12% effective tax rate isn't low enough. CORPORATIONS WANT A 0% TAX RATE. ITS CALLED CORPORATE GREED. SOME CORPORATIONS ACTUALLY GET MONEY BACK FROM THE AMERICAN TAX PAYERS. Its ridiculous. Its not even a liberal vs conservative issue? ITS ALL ABOUT GREED. You see American corporations and Republican politicians stopped caring about America a long time ago. Here are a few examples of corporate greed: [B]GE PAID 0% tax on $26 billion in profit from(2005-2010)[/B] [B]Bank of America paid 0% tax on $4.4billion in profit and received $1 trillion in the bailout in 2010. Exxon paid 0% tax on $19billion in profits in 2009. Chevron paid 0% tax on $10 billion in profits in 2009. Citigroup paid 0% tax on $4 billion profit in 2010 and received $2.5 trillion in the bailout. [/B] Does it make sense to you now? Educate yourself with the facts and open your eyes to the greed. I actually own GE and BAC stock. If anybody has a large index fund or ETF they probably own all these companies. So for me as a shareholder I am pleased with the current 5 year bull run stock market. As an American taxpayer and citizen I am concerned about how we are going to pay for police and teachers and the military and the ports and medical research and etc,. Sure seems like a 12% tax rate would work for corporate America but apparently greed gets in the way. [/QUOTE]

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