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Business is BOOMING

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GGT183ab

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FYI During this deep recession,

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.
 
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.
 
6) Valero Energy, the 25th largest company in America w/ $68 billion in sales last year got a $157 million tax refund check from the IRS & over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.
 
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes while earning a profit of $2.3 billion & received an almost $800 billion from the Federal Reserve & U.S. Treasury Department.
 
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 TRILLION bailout from the Federal Reserve and U.S. Treasury

How did you do last $ last year or the year before?
Care to guess tonights topic?
Tonight Conservative PrimeTime!

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