•Exxon Mobil's 2009 profits totaled $19 billion, yet according to its SEC filings, the company received a $156 million rebate from the IRS, plus, IT DIDN'T PAY ANY FEDERAL TAXES.•Bank of America made $4.4 billion in profits last year. This was after it received a $1 TRILLION BAILOUT from the Federal Reserve and Treasury Department, and A $1.9 BILLION TAX REFUND from the IRS.
•General Electric has made $26 billion in profits in the United States over the past five years. It's also received a $4.1 BILLION TAX REFUND from the IRS. GE HAS CUT A FIFTH OF ITS AMERICAN JOBS in the past nine years, and is boosting jobs overseas - where tax rates are lower. And where it can continue evading U.S. taxes.
•Chevron's IRS REFUND LAST YEAR TOTALED $19 MILLION, but it's 2009 profits came to a whopping $10 billion.
•Boeing received a $30 billion contract from the Pentagon to build 179 airborne tankers. It also received a $124 MILLION REFUND FROM THE IRS.
•Valero Energy made $68 billion in sales and received a $157 MILLION TAX REFUND check from the IRS. Over the past three years, it has received a $134 million tax break thanks to the oil and gas manufacturing tax reduction.
•Goldman Sachs paid 1.1% OF ITS 2008 INCOME TAXES and received a $800 billion bailout from the Federal Reserve and U.S. Treasury Department. Yet it made a PROFIT OF $2.3 BILLION in profit for the same year.
•Citigroup profits last year totaled more than $4 billion. But it paid zero dollars in federal income tax, and RECEIVED A $2.5 TRILLION BAILOUT from the Federal Reserve and U.S. Treasury.
•Conoco Phillips' profits from 2007 through 2009 totaled $16 billion. BUT IT WAS STILL AWARDED $451 MILLION IN TAX BREAKS.
•Carnival Cruise Lines' profit over the past five years totaled more than $11 billion, BUT ITS FEDERAL INCOME TAX CAME TO JUST 1.1%
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