Thursday, April 28, 2011

Wednesday, April 27, 2011

Bernie Sanders tax deadbeat list

I paid mine, you paid yours and these folks paid none--thanks to tax loopholes and buddies among our fearless leaders: (list from Mother Jones)

1) ExxonMobil 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. [Note: Our post last April reported that ExxonMobil was owed $46 million by the IRS.]

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 with $68 billion in sales last year received a $157 million tax refund check from the IRS and, 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 even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and 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.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

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an every year bailout in my estimation

Missouri House reworks Senate union legislation

Missouri House reworks Senate union legislation

click link

indeed, opposition to even this revised "bill" is in the works

from article

"A Senate bill vehemently opposed by the state's labor unions was overhauled by a Missouri House committee Tuesday, completely replacing it with another piece of legislation.

The bill, sponsored by state Sen. Jason Crowell, R-Cape Girardeau, would have prohibited public employee unions from withholding fees from paychecks. It passed the Senate earlier this month on a 26-8 vote.

Speaker Pro Tem Shane Schoeller, R-Willard, completely replaced the language in Crowell’s bill, which now would only require labor unions to receive written permission every year from members to use individual dues for political purposes.

“I spoke with Sen. Crowell last week, and he was fine with me handling this bill,” Schoeller said in an interview following Tuesday’s committee hearing. “The new bill reflects what the House is comfortable moving forward with.”

The bill now goes to the House Rules Committee.

Union leaders said they were pleased the committee had replaced Crowell’s language, but they still opposed the new bill.