This is a hot topic now, how much tax refund are you getting from the IRS?
Everyone is trying to claim tax on each and every categories to get that pennies back which you've paid over a year- your hard earned money.
But folks! Here's the shocking news! General Electric (GE) made more than$26 billion in profit in last 5 years. Last year their income was $10.3 billion, profit over $1 billion. Guess how much they paid tax to the U.S. Government ?
Nothing!
Rather they got tax refund of $1.1 billion!
I can't believe how the corporations are so Smart Cunning to get away with the taxes.
The top ten worst taxpayers are as follows, who pay nothing or almost nothing to the Government.
Exxon Mobil, Bank of America, General Electric, Chevron, Boeing, Valero Energy, Goldman Sachs, Citigroup, ConocoPhillips and Carnival Cruise Lines.
So, people, next time, you want to get away of paying taxes, come up with the corporation, because, this is the country of corporations, run by the corporations, and for the corporation. Long live Corporations!
