How much money does the united states government give to corporations in tax breaks?
exxon mobil made $19 billion in profits in 2009. exxon not paid no federal income taxes, received $156 million rebate irs, according sec filings.
2) bank of america received $1.9 billion tax refund irs last year, although made $4.4 billion in profits , received bailout federal reserve , treasury department of $1 trillion.
3) on past 5 years, while general electric made $26 billion in profits in united states, received $4.1 billion refund irs.
4) chevron received $19 million refund irs last year after made $10 billion in profits in 2009.
5) boeing, received $30 billion contract pentagon build 179 airborne tankers, got $124 million refund irs last year.
6) valero energy, 25th largest company in america $68 billion in sales last year received $157 million tax refund check irs and, on past 3 years, received $134 million tax break oil , gas manufacturing tax deduction.
7) goldman sachs in 2008 paid 1.1 percent of income in taxes though earned profit of $2.3 billion , received $800 billion federal reserve , u.s. treasury department.
8) citigroup last year made more $4 billion in profits paid no federal income taxes. received $2.5 trillion bailout federal reserve , u.s. treasury.
9) conocophillips, fifth largest oil company in united states, made $16 billion in profits 2007 through 2009, received $451 million in tax breaks through oil , gas manufacturing deduction.
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