Your tax Dollars at work

How would you like not to pay your taxes. Better yet, the government not only doesn't ask for the money you owe but gives you a billion dollars instead. Sounds great. It is. If you're a corporation. Forbes magazine came out with how much taxes companies paid last year. The answer. For most of them it came out to nothing. Billions owed that weren't collected. Plus subsidies that amounted to billions in unneeded aid back. Where are the screaming anti-welfare queens here? No where to be found. Some poor person who can't put food on the table is a leach, but a comapny, that's different because how else will they create jobs? Boo Hoo. You can't have it both ways. The same goes for the idiots demanding an end to all government spending, but support the military where most of our spening goes (along with Medicare, Medicade and Social Security). Assinine.
So were the worst offenders? Not surprisingly, Exxon Mobil, who recorded a record 45.2 billion dollar profit. They owed 15 billion dolars in taxes. Amount paid. 0. That's right. ZERO! Because of offshore sheltered accounts it owed nothing. Plus it received 1.1 billion dolllars in tax breaks. Exxon insists that it will owe money and pay the IRS but somehow I kinda doubt it. According to the GAO (Government Accounting Office) 2 out 3 companies paid no income tax from 1998 to 2005. CHRIST! Yet I owe money I can't afford.
The tax rate has even been lowered to ridiculous levels. As if it matters as they pay nothing anyway. GE posted a 10.3 billion dollar profit in 2009 and again got a tax break of 1.1 billion in taxes not paid. Their tax rate is 5.3%, down from 35% several years ago and 15% from last year.
All this occurs because multinational companies can hide assest abroad from which they have to pay no taxes on. Try doing that as in individual and you will see jail time. Companies are doing a shell game to keep from paying what they rightfully owe. Until they start paying their fair share, we shouldn't either.