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<blockquote data-quote="ImWaitingForTheDay" data-source="post: 1504929" data-attributes="member: 48031"><p>Not one corporate subsidy has been cut.</p><p>Not one corporate loophole has been closed.</p><p>Not one offshore tax haven has been taxed costing our economy BILLIONS OF DOLLARS a year.</p><p>The following multi-billion dollar companies get $92 billion in taxpayer subsidies—Exxon Mobil, ConocoPhillips, Boeing, Xerox, IBM, GE, etc.</p><p>CORPORATIONS THAT PAY PRACTICALLY NO TAXES AT ALL:</p><p>Verizon Communications: Profits $19.8 billion - Tax Rate -3.8%</p><p>NextEra Energy: Profits $8.8 billion – Tax Rate -2%</p><p>American Electric Power: Profits $8.2 billion – Tax Rate -6.4%</p><p>Apache: Profits $6 billion – Tax rate -0.3%</p><p>Consolidated Edison: Profits $5.9 billion – Tax Rate $1.3%</p><p>El Paso: Profits $4.6 billion – Tax Rate -0.9%</p><p>~ Mother Jones, 4-13-12</p><p>Income inequality has reached an 80-year high.This is the real WELFARE in America today..........</p></blockquote><p></p>
[QUOTE="ImWaitingForTheDay, post: 1504929, member: 48031"] Not one corporate subsidy has been cut. Not one corporate loophole has been closed. Not one offshore tax haven has been taxed costing our economy BILLIONS OF DOLLARS a year. The following multi-billion dollar companies get $92 billion in taxpayer subsidies—Exxon Mobil, ConocoPhillips, Boeing, Xerox, IBM, GE, etc. CORPORATIONS THAT PAY PRACTICALLY NO TAXES AT ALL: Verizon Communications: Profits $19.8 billion - Tax Rate -3.8% NextEra Energy: Profits $8.8 billion – Tax Rate -2% American Electric Power: Profits $8.2 billion – Tax Rate -6.4% Apache: Profits $6 billion – Tax rate -0.3% Consolidated Edison: Profits $5.9 billion – Tax Rate $1.3% El Paso: Profits $4.6 billion – Tax Rate -0.9% ~ Mother Jones, 4-13-12 Income inequality has reached an 80-year high.This is the real WELFARE in America today.......... [/QUOTE]
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