Instead. lets give all the money to the billion dollar corporations:The ordinry Americans take care of themselves, and they are successful. It is Obama's pitiful, his needy greedy, that cannot do anything to take care of themselves. And we can no longer afford to take care of them with flat screen TVs, cell phones, free medical, and housing. They must do something for their keep. They hav become useless to society other then to keep the cigarette factories, and breweries going.
Verizon made a total profit of $62.42 billion in 2010, and received a tax refund of $705 million. CEO Ivan Seidenberg earned $18.1 million.
Prudential Financial brought in a total of $18.69 billion in profit in 2010. It got a $722 million tax refund from the federal government, while paying CEO John Strangfeld $16.2 million.
eBay made a $6.59 billion profit last year, and got a $131 million tax refund. CEO John Donahoe received $12.4 million.
Bank of New York Mellon made a profit of $9.42 billion in 2010, and received a $670 million tax refund. CEO Robert Kelly made $19.4 million.
International Paper Co. had a profit of $6.70 billion last year, and got a $249 million tax refund. CEO John Faraci received $12.3 million.
Chevron received a $19 million refund from the IRS last year, even though it made $10 billion in profits in 2009.
ConocoPhillips, the fifth largest oil company in the United States, which made $16 billion in profits from 2006 through 2009, received $451 million in tax breaks through the oil and gas manufacturing deduction.
Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.
Over the past five years, Carnival Cruise Lines made over $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.
Over the last five years, Southwest Airlines paid a federal income tax rate of 6.3 percent, Yahoo paid 7 percent, and Prudential Financial paid 7.6 percent.