Crony capitalism works. Just ask Obama and his good buddy Jeffrey Immelt. Oh, and those campaign bundlers turned Solyndra bunglers, too.
-----Original message----- From: TENEBRAE [email protected] Date: Wed, 25 Jan 2012 17:18:09 -0800 To: [email protected] Subject: [Stratalist-ot] 30 Major US companies spent more on lobbying than taxes... > http://www.dailyfinance.com/2011/12/13/30-major-u-s-companies-spent-more-on-lobbying-than-taxes/ > > "Thirty large American corporations spent more money on lobbying than they > paid in federal taxes from 2008 to 2010, according to a report from the > nonpartisan reform group Public Campaign. All of the companies were > profitable at the time. In spite of this, and the massive federal budget > deficit, 29 out of the 30 companies featured in the study managed through > various legal tax-dodging measures to pay no federal income taxes at all from > 2008 through 2010. The lone exception, FedEx (FDX), paid a three-year tax > rate of 1%, nowhere near the 35% called for by the federal tax code." > Francis Drouillard, PE Novato, CA 94945 -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
