10 Corporations With Multi-Billion In Profits That Pay No Taxes

Anti-Party

Anti-Party

Tea Is The New Kool-Aid
10 large corporations that make Billions in profits who avoid paying income tax through loopholes. I wish my tax rate was -18.9%...

Verizon Communications
Profits: $19.8 billion Effective tax rate: -3.8%
Top recipients, 2011-2012
President Barack Obama: $51,493
Sen. Robert Menendez (D-N.J.): $24,450
Sen. Mitch McConnell (R-Ky.): $23,700
Rep. John Boehner (R-Ohio): $22,500
Sen. Kirsten Gillibrand (D-N.Y.): $15,000

General Electric
Profits: $19.6 billion Effective tax rate: -18.9%
Top recipients, 2011-2012
Mitt Romney: $53,750
President Barack Obama (D): $30,493
Sen. Scott Brown (R-Mass.): $23,900
Rep. Howard Berman (D-Calif.): $21,860
Rep. Chris Murphy (D-Conn.): $19,750

Boeing
Profits: $14.8 billion Effective tax rate: -5.5%
Top recipients, 2011-2012
Rep. Buck McKeon (R-Calif.): $31,750
Rep. Adam Smith (D-Wash.): $25,000
Former Sen. George Allen (R-Va.): $23,500
Sen. Maria Cantwell (D-Wash.): $23,125
Rep. Ron Paul (R-Texas): $20,986

NextEra Energy: North America's largest solar and wind power operator, based in Florida
Profits: $8.8 billion Effective tax rate: -2%
Top recipients, 2011-2012
George LeMieux (R-Fla.): $9,500
Mike Haridopolos (R-Fla.): $4,800
Sen. Maria Cantwell (D-Wash.): $2,000
Rep. Ron Paul (R-Texas): $2,000
Rep. Tom Rooney (R-Fla.): $2,000

American Electric Power: Electric utility based in Columbus, Ohio
Profits: $8.2 billion Effective tax rate: -6.4%
Top recipients, 2011-2012
Rep. John Boehner (R-Ohio): $34,750
Rep. Steve Stivers (R-Ohio): $34,050
Rep. Bob Gibbs (R-Ohio): $21,700
Sen. Joe Manchin (D-W. Va.): $19,750
Sen. Sherrod Brown (D-Ohio): $18,450

Pacific Gas & Electric: California electrical utility
Profits: $6 billion Effective tax rate: -8.4%
Top recipients, 2011-2012
President Barack Obama (D): $6,250
Rep. Jim Costa (D-Calif.): $5,000
Rep. Kevin McCarthy (R-Calif.): $5,500
Rep. Fred Upton (R-Mich.): $5,000
Rep. Jeff Denham (R-Calif.): $3,500


Apache: Houston-based oil and gas company
Profits: $6 billion Effective tax rate: -0.3%
Top recipients, 2011-2012
David Dewhurst (R-Texas): $25,000
Rep. Connie Mack (R-Fla.): $5,000
Rep. Bill Cassidy (R-La.): $2,500
Rep. Mike Conaway (R-Texas): $2,500
Rep. Gene Green (D-Texas): $2,500
Sen. Mitch McConnell (R-Ky.): $2,500
Brendan Doherty (R-R.I.): $2,500

Consolidated Edison: New York energy company
Profits: $5.9 billion Effective tax rate: -1.3%
Top recipients, 2011-2012
Sen. Maria Cantwell (D-Wash.): $15,050
Sen. Kirsten Gillibrand (D-N.Y.): $8,000
Rep. Edolphus Towns (D-N.Y.): $6,650
Then-Rep. David Wu (D-Ore.): $2,500
Rep. Joseph Crowley (D-N.Y.): $1,500
Sen. Harry Reid (D-Nev.): $1,500
Rep. Jose Serrano (D-N.Y.): $1,500

El Paso: Houston-based energy company that operates the country's largest natural gas pipeline
Profits: $4.6 billion Effective tax rate: -0.9%
Top recipients, 2011-2012
David Dewhurst (R-Texas): $7,500
Mitt Romney (R): $5,000
Rep. John Barrow (D-Ga.): $3,000
Rep. Diane Black (R-Tenn.): $2,750
Sen. John Barrasso (R-Wyo.): $2,500
Sen. Max Baucus (D-Mont.): $2,500
Sen. Mitch McConnell (R-Ky.): $2,500
Gov. Rick Perry (R-Texas): $2,500
Rep. Fred Upton (R-Mich.): $2,500
Sen. Roger Wicker (R-Miss.): $2,500

CenterPoint Energy: Electric and gas utility company based in Houston
Profits: $3.1 billion Effective tax rate: -11.3%
Top recipients, 2011-2012
David Dewhurst (R-Texas): $22,050
Gov. Rick Perry (R-Texas): $13,458
Sen. Mitch McConnell (R-Ky.): $10,299
Rep. Greg Walden (R-Ore.): $7,000
Rep. Kevin Brady (R-Texas): $4,000

http://www.motherjones.com/mojo/2012/04/top-tax-dodging-companies-politicians
 
the gods of the right wing in this country are not as loyal to the Rs as the Rs think.


They hedges their bets all the time.


only the Right does their bidding like they were irreplaceable gods.

Not so with the left
 
evince said:
the gods of the right wing in this country are not as loyal to the Rs as the Rs think.


They hedges their bets all the time.


only the Right does their bidding like they were irreplaceable gods.

Not so with the left
Click to expand...

No... no one by the name of Charles Schumer let the 'Carried Interest' rule get buried in a Democrat controlled house and senate to allow hedge fund managers to continue to paying taxes at a 15% rate. Nope, those guys on the left are never influenced by the 'right wing gods'
 
I think it's hilarious that a company would give to both Obama and Romney. It seems to me that the winner is ultimately going to feel snubbed, because they gave Obama half as much money...
 
StormX said:
:rofl2:

Mother Jones as a source....
Click to expand...

This is well known outside of Mother Jones......the corporations openly admit to this..... Maybe you should research topics instead of blowing them off when they are presented by a specific source. I simply knew about the topic and used a search engine to find a link that best described the situation and MJ happened to lay it out better than others.

But I know your cult doesn't allow you to receive information from outside the cult so you can just ignore the post and be happy in your ignorance..
 
evince said:
the gods of the right wing in this country are not as loyal to the Rs as the Rs think.


They hedges their bets all the time.


only the Right does their bidding like they were irreplaceable gods.

Not so with the left
Click to expand...

I think it's time to admit the Democratic party is purchased as well...
 
It's perfectly legal what they are doing....It doesn't mean it right for America. Anyone with a brain should know this is wrong and needs to stop.
 
Threedee said:
I think it's hilarious that a company would give to both Obama and Romney. It seems to me that the winner is ultimately going to feel snubbed, because they gave Obama half as much money...
Click to expand...

Either I'm reading this wrong or it made no sense at all..
 
Rose said:
Purchased? Do you really think Democrats and Republicans don't agree with what the adjendas they carry out?
Click to expand...

I guess you don't know me..

Today politicians don't work for their agenda's, they can't get into office off of their agenda's alone. The media charges them so much to get on air to become a figure that they are forced to take receive TONS of money from Corporations and/or special interest groups just to become a fighting name in politics. In return they have to scratch a few backs. It's extremely sad that this back scratching is "negative or no taxes".

Our current Congress is bi-polar only because they have the inability to compromise. They are "purchased" already and can't. Corporate money pushed the agenda out the window. The only hope today is that you can get as close to your agenda as possible. There is no room for single bill single thought anymore......
 
The problem is some Americans think the handle 'Anti-Party' means you realize both Republicans and Democrats don't deserve our vote. Yet when people read your post they realize you are a partisan liberal (Democrat). So people get confused why someone who professes to be with neither party is in reality 100% with one party.
 
cawacko said:
The problem is some Americans think the handle 'Anti-Party' means you realize both Republicans and Democrats don't deserve our vote. Yet when people read your post they realize you are a partisan liberal (Democrat). So people get confused why someone who professes to be with neither party is in reality 100% with one party.
Click to expand...

Also he's a gigantic condescending dick head who thinks he's somehow gods gift to politics based on his own opinion of himself.
 
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