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Article #4643

Re: You Have More Money in Your Wallet Than The Combined Income Tax Liability of GE, ExxonMobil, Citibank, and the Bank of Ameri...

#4643
From: RealityAgent
Date: Mon, 28 Feb 2011 18:56
67 lines
4795 bytes
On Feb 27, 7:12 pm, Fiftycal <n...@abcnnbcbs.com> wrote:
> On Sun, 27 Feb 2011 16:10:29 -0800 (PST), RealityAgent
>
> <whackawin...@swbell.net> wrote:
> >The United States is the richest country in the history of the world,
> >and income inequality is higher now than it has been at any time since
> >the 1920?s, with the top top 1 percentile of households [taking] home
> >23.5 percent of income in 2007.
>
> Hey WHACKOFF, you FORGOT to mention that the same 1% paid FORTY
> PERCENT of INCOME TAX!  Ooooo.  Guess you forgot about that
> "progressive" income tax.

WHACK!!!

And yet, they paid 10% less Federal Income Tax than you did!
It pays to be rich! You aughta try it.....

 Gee Fiddy, I hate to get in a pissin' match with someone of your
caliber ( heee-hee-hee...) BUT...GE, ExxonMobil Citibank and BofA
didn't pay 1 dollar in Federal Income Taxes last year! Or for many
years before that.

We don't have a spending problem as much as we have a Revenue
shortfall.

And to really drop a turd in the punchbowl, here's are some more facts
for ya....

- CITIGROUP: Citigroup’s deferred income taxes for the third quarter
of 2010 amounted to a grand total of $0.00. At the same time,
Citigroup has continued to pay its staff lavishly. “John Havens, the
head of Citigroup’s investment bank, is expected to be the bank’s
highest paid executive for the second year in a row, with a
compensation package worth $9.5 million.”

- EXXON-MOBIL: The oil giant uses offshore subsidiaries in the
Caribbean to avoid paying taxes in the United States. Although Exxon-
Mobil paid $15 billion in taxes in 2009, not a penny of those taxes
went to the American Treasury. This was the same year that the company
overtook Wal-Mart in the Fortune 500. Meanwhile the total compensation
of Exxon-Mobil’s CEO the same year was over $29,000,000.

- GENERAL ELECTRIC: In 2009, General Electric — the world’s largest
corporation — filed more than 7,000 tax returns and still paid nothing
to U.S. government. They managed to do this by a tax code that
essentially subsidizes companies for losing profits and allows them to
set up tax havens overseas. That same year GE CEO Jeffery Immelt — who
recently scored a spot on a White House economic advisory board —
“earned total compensation of $9.89 million.” In 2002, Immelt
displayed his lack of economic patriotism, saying, “When I am talking
to GE managers, I talk China, China, China, China, China….I am a nut
on China. Outsourcing from China is going to grow to 5 billion.”

And Boeing, who was just awarded a 35 BILLION dollar contract from the
US Gubermint,
 ( some of those dollars were YOUR tax dollars, Fiddy, so keep payin'
yer taxes or the Gubmint will throw you in prison...) but paid no
taxes last year....

You seem to be strugglin' with the fact that the Plutarchs are gaming
the system and are stackin' all of the their costs of doin' bidness in
Murika on your back.....

YOU paid more in taxes last year than Murikas' biggest corporations!

Reality ( " 152 mm " ) Agent
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From: RealityAgent <whackawinger@swbell.net>
Newsgroups: dfw.general,houston.general,austin.general
Subject: Re: You Have More Money in Your Wallet Than The Combined Income Tax
 Liability of GE, ExxonMobil, Citibank, and the Bank of America
Date: Mon, 28 Feb 2011 10:56:39 -0800 (PST)
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