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Showing posts with the label Bernie Sanders

Paying your fair share? These companies don't understand the concept.

I wish Bernie Sanders (I-VT) were my senator.  It would be nice, at least once in my lifetime, to be represented by someone with whom I am mostly in agreement and of whom I could actually be proud.  Instead, I get people like Kaye Bailey Hutchison and John Cornyn, defenders of oil companies and friend to all millionaires and billionaires. Senator Sanders never hesitates to speak his mind and to call out those who are taking advantage of the system and failing to live up to their civic responsibilities.  In that spirit, he has issued a press release which details what the richest corporations in our country are paying in taxes.  The bottom line is: Not much.     1)      Exxon Mobil 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. 2)      Bank of America received a $1.9 billion tax refund from the IRS las...