Sweet Deal; Corporate welfare and getting rebates on taxes never paid.

[Banker Bob]

Thirty corporations paid less than nothing in aggregate federal income taxes over the entire 2008-
10 period. These companies, whose pretax U.S. profits totaled $160 billion over the three years, included:
Pepco Holdings (–57.6% tax rate),
General Electric (–45.3%),
DuPont (–3.4%),
Verizon (–2.9%),
Boeing (–1.8%),
Wells Fargo (–1.4%)
and Honeywell (–0.7%).

http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf

http://www.iwatchnews.org/2011/11/03/7294/bailed-out-banks-paid-no-income-tax-some-years-according-studyhttp://www.iwatchnews.org/2011/11/03/7294/bailed-out-banks-paid-no-income-tax-some-years-according-study

http://www.iwatchnews.org/2011/11/03/7294/bailed-out-banks-paid-no-income-tax-some-years-according-study

http://www.iwatchnews.org/2011/11/03/7294/bailed-out-banks-paid-no-income-tax-some-years-according-study