Practical Vision: We are Losing America Right Before Our Blind Eyes (Updated 4/21/10): "Corporate Welfare in the United States
% of Foreign-owned Corporations doing Business in the US Paying ZERO US Taxes:
72 Percent
% of US Corporations paying ZERO US Taxes
67 Percent
Effective Tax Rate paid by all Publicly Traded Corporations
12 Percent
Effective Tax Rate Paid by Largest Multinationals
25 Percent
US taxes paid by Exxon-Mobile paid on $37.3 Billion profit in 2009
ZERO
US taxes paid by General Electric on $10.3 Billion Profit in 2009
ZERO
�
US taxes Paid by Bailout Recipient Bank of America on $4.4 Billion Profit in 2009
ZERO
US Taxes Paid by Chevron on $18.5 Billion Profit in 2009
200 million
(1.1% Tax Rate)
US Taxes Paid by Verizon on $11.6 Billion Profit in 2009
1.1 Billion
(10% Tax Rate)"
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