Tuesday, March 01, 2011

Here's what they paid: $0

You probably have more money in your wallet / purse than all of the following companies paid in US Federal taxes combined last year:

Bank of America. Boeing. Citigroup. General Electric. Wells Fargo.


Anonymous said...

I'm being told by Mr. Cynic here that the reason they didn't pay taxes is that they probably didn't make any money last year. No profit, no taxes. What say you? Heidi

Karl Plesz said...

I believe that some grade school research will indicate that in fact, these companies made a metric ass-load of profit last year.