CONGRESS PANDERS TO TAX EVADERS
You Pay Higher Taxes Than Boeing (and GE, Verizon & 23 More U.S. Corporations)
Political whores serve those who pay them, not vote for them. That’s the way it works now that corporations are people and there is no limit on the amount of money they can shower (buy) politicians with.
The following is a list of major corporations (aka people) who paid “zero” in taxes or even received a rebates using formulas that were created by paid for political whores Americans naively elect to Congress.
According to a study by the advocacy group Citizens for Tax Justice (CTJ), 26 Fortune 500 corporations paid no federal corporate income tax over the most recent five-year period. In fact, according to CTJ, they generated so many tax breaks that they reported negative taxes and often received a rebate check.
Corporation and 2008-2012 Rate
1. Pepco Holdings -33.0%
2. PG&E Corp. -16.7%
3. NiSource -13.6%
4. Wisconsin Energy -13.5%
5. General Electric -11.1%
6. CenterPoint Energy -8.5%
7. Integrys Energy Group -8.2%
8. Atmos Energy -7.7%
9. Tenet Healthcare -6.0%
10. American Electric Power -5.8%
11. Ryder System -4.7%
12. Con-way -3.5%
13. Duke Energy -3.3%
14. Priceline.com -3.0%
15. FirstEnergy -3.0%
16. Apache -2.4%
17. Interpublic Group -2.1%
18. Verizon Communications -1.8%
19. NextEra Energy -1.6%
20. Consolidated Edison -.1%
21. CMS Energy -1.1%
22. Boeing -1.0%
23. Northeast Utilities -0.7%
24. Corning -0.3%
25. Paccar Rate -0.1%
26. MetroPCS Communications -0.1%
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