Top 275 corporations received 1.75 trillion in Tax breaks/3 years

[w8liftinglady]

This report outlines how much the corporations are making,what tax breaks they are getting.In light of the House getting ready to cut a lot of program spending,I thought we needed to know where the real money is going(as if we didn't already know)

http://www.ctj.org/corpfed04an.pdf

[democrank]

1. That would be TRILLION...with a "T"

Disgusting.

[Democrats_win]

2. Boycott! Boycott! Boycott!

Their expenses are fixed, taxes and sales are not. If they refuse to pay taxes for their bloated military, then stop buying their crap!!!

Support America, boycott corporations!!

[dkofos]

3. WE THE PEOPLE, should demand this extortion be stopped now!!!

extortion

n. obtaining money or property by threat to a victim's property or loved ones, intimidation, or false claim of a right (such as pretending to be an IRS agent). It is a felony in all states, except that a direct threat to harm the victim is usually treated as the crime of robbery. Blackmail is a form of extortion in which the threat is to expose embarrassing, damaging information to family, friends or the public.

[txaslftist]

4. That would pay for both Katrina and Iraq...

...just to put it in perspective.

[Massacure]

27. That would pay for Iraq for 15 years or Katrina 8 times over.

Or they could give everyone free healthcare for a year.

[w8liftinglady]

5. the companies who paid no tax in 2003

company/profit/taxes paid/tax rate


Boeing $ 1,069 $ –1,700 –159.0%
Entergy 562 –758 –135.0%
Pepco Holdings 138 –127 –92.0%
Nucor 79 –59 –74.9%
Graybar Electric 14 –8 –57.3%
CenterPoint Energy 660 –288 –43.7%
CSX 179 –70 –38.8%
NCR 103 –39 –38.0%
Dillard’s 20 –5 –27.0%
Unisys 151 –39 –25.6%
ITT Industries 283 –66 –23.4%
Baxter 818 –142 –17.4%
OGE Energy 215 –36 –16.6%
Public Service Enterprise Group 1,369 –208 –15.2%
FPL Group 1,282 –181 –14.1%
Consolidated Edison 852 –120 –14.0%
Reebok 32 –4 –13.7%
KeySpan 718 –90 –12.5%
AT&T 2,723 –343 –12.6%
Kelly Services 18 –2 –12.6%
Toys “R” Us 147 –16 –10.9%
Reliant Resources 138 –14 –10.4%
Marriott International 384 –38 –9.9%
Ikon Office Solutions 146 –11 –7.7%
Pitney Bowes 623 –44 –7.0%
Valero Energy 634 –41 –6.5%
Ingram Micro 9 –1 –6.0%
Manpower 52 –3 –5.7%
Newell Rubbermaid 249 –14 –5.5%
SBC Communications 8,941 –476 –5.3%
Danaher 553 –23 –4.1%
Disney, Walt 1,764 –59 –3.4%
Time Warner 4,224 –140 –3.3%
Caremark RX 475 –13 –2.8%
Pfizer 6,088 –168 –2.8%
Ryder 149 –4 –2.7%
Saks 108 –3 –2.6%
Lehman Brothers 1,825 –39 –2.1%
Timken 52 –1 –1.8%
Computer Sciences 558 –8 –1.5%
Burlington Northern Santa Fe 1,226 –18 –1.5%
Caterpillar 485 –6 –1.3%
Principal Group 924 –11 –1.2%
Lexmark 307 –2 –0.8%
Shaw Group 15 –0 –0.3%
Sysco 1,264 — —
TOTAL $ 42,622 $ –5,438 –12.8%
–

[vademocrat]

6. This is the WELFARE that really needs cutting!

Corporate welfare costs so much more than the rethug stereotype "cadillac queen" first popularized by Ronald Raygun in the 1980s.

How about a new "talking point:

Do you like paying more taxes than Reebok, etc etc? or "the real reason the middle class tax burden is so high"

[donheld]

13. Talk about welfare queens - Bet Rush never mentions these

:grr::grr::grr:

[SammyWinstonJack]

14. Yeah but the rank and file repugs will tell you that Corporate welfare

is A-Okay because these corporations use their tax cuts to create new jobs so they can hire more people. Swear to gawd! They really believe that is true, if their moronic leaders say it, it HAS TO BE THE TRUTH! Never mind that the jobs these Greedy Corps are creating are over seas or in Canada or Mexico or where ever else they can get away with not having to provide health care benefits or living wages, etc. Corporate welfare and corporate fraud is just fine and dandy with Joe and Jane repug, so long as those "welfare queens' aren't getting free sh*t, and living off their tax dollars. Never mind that social welfare is something like 1% whereas Corporate welfare, well I think the OP just showed how much that amounts too. These morans never get it, do they?

[Greyhound]

29. Nah, haven't you heard? Nader is the anti-christ sent to destroy the

democratic party. He is just pure evil and, therefore, all of his issues are the work of satan!

[w8liftinglady]

7. Look at all the energy companies -while our rates rise

[leveymg]

8. So, we just go in and reverse the controls next year. That should take

care of much of the budget shortfall and deficit problem.

You see, solutions can be so easy. Any problem they've made for us, we turn on them.

Oh, and one more thing -- no new offshoring. You want to sell your stuff here, you make most of it here, as well.

[Skidmore]

9. And what is the size of that national debt?

[Rainbowreflect]

10. But it's the Welfare Queens that are hurting the country!

:sarcasm:

[w8liftinglady]

11. the corporations are the real welfare "queens"

[Rainbowreflect]

12. Too true!

[kentuck]

15. I'll recommend because....

this is information people need to know. They need to know what Republicans really stand for, contrary to all their partisan bullshit and propaganda.

[progressoid]

16. Sweet Jesus...eom

[Mr. Streisand]

17. Did Big Oil Get a Break Too?

www.thanksalotw.com

[w8liftinglady]

21. EXXON rec'd 4 billion in tax breaks

[newyawker99]

37. Hi Mr. Streisand!!

Welcome to DU!! :toast:

[texpatriot2004]

18. Corporations are a serious threat to the American way of life.n.t

[watrwefitinfor]

19. Thank you so much for posting this, Lady.

:hi:

This needs to be shown to the American people,
not hidden away in some grossly oversized pdf
file while the media ignores it.


Wat

[renegade000]

20. and look how much better

our economy is doing!

:eyes:

[pa28]

22. Enough to pay for the gutting of Medicaid 35 times over.

:mad:

[mzmolly]

23. Corporate Welfare. Where's the reform!

Thanks, I think.

[verse18]

24. Sickening

[w8liftinglady]

25. kick for the night crowd

[bluedawg12]

26. But our "family values" are safe! Vote repug

and give our country away lock stock and barrel.

[AzDar]

28. This is just WRONG....Huge issue for the '06 elections!!!!

[donheld]

30. Why reports like this don't cause riots I'll never know

This should make the masses madder than hell, but for some reason it doesn't.

[Name removed]

33. Deleted message

Message removed by moderator. Click here to review the message board rules.

[nashville_brook]

31. imagine what PEOPLE could do with those tax breaks!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x5114942

THE HOMEBOY REVOLUTION: families as economic units instead of sexual units

[electron_blue]

32. omg, just imagine how different the world would be if

we did something useful with that money.

[niallmac]

34. WOWEE! I can't wait for the trickle down to reach me.

They use that money to make America stronger. Now they don't have to outsource and
lay off American workers. What? Do you think they just pocket the tax break money and
laugh at us? Is that what you think?
Well then. I can tell I am a far superior SAP than you are. Indeed!

[cosmicdot]

35. the corporate crony

[Festivito]

36. That's $6000 per American, $2000 per year FOR them FROM us. /nt