Major Corporations Who Paid No Taxes In 2012


With April 15 looming large for all us private citizens, here is a little food for thought.

Verizon Communications
Profits: $19.8 billion    Effective tax rate: -3.8%

General Electric
Profits: $19.6 billion    Effective tax rate: -18.9%

Boeing
Profits: $14.8 billion    Effective tax rate: -5.5%

Pacific Gas & Electric
Profits: $6 billion    Effective tax rate: -8.4%

The negative number indicates government subsidies.

I have two questions: 1)  How can I get in on the no tax deal?  2) How can I get subsidized by the Federal Government.

 

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