30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes

Statistical comparisons have been released, showing the total amount of money made in profit, paid in Federal Income Tax and spent lobbying lawmakers and influencing political decisions, by 30 of the largest corporations in America over the 3 year period of 2008-2010.

It has been discovered that 29 of the 30 not only paid $0 in Federal Income Tax but received in total almost $11billion dollars in rebates.

This is an incredible injustice that further explains the massive financial strain on the middle class – as the corporates earn vast sums of money, but are ultimately paying no tax whatsoever.

http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm

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