There are times when I'd like to share something with you but my Voice in the Garden site does not seem the appropriate place, thus, this blog.

There are experiences, thoughts, views... and for anyone lurking/waiting to pounce (as has occurred on several occasions), please do not attempt to turn what I post into a political statement. This is NOT a political site, but IS about occurrences, reality, and personal opinion concerning what I see in the world around me and my family. There are many excellent writers whose works "speak" to me, and I shall include some of them. At times it may be
something I think you would enjoy or simply whatever ails you (me).
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Thursday, December 15, 2011

29 Companies Paid Millions For Lobbyists, No Taxes

Thirty large U.S. corporations paid more money to Congressional lobbyists than they paid in taxes from 2008-2010, according to a new report from Public Campaign, a purportedly non-partisan corporate watchdog organization that seeks to reduce the influence of big companies in politics. The report names 30 profitable companies (only one of which paid federal corporate taxes during the period analyzed), with lobbying expenditures ranging from $710,000 to $84.4 million.

The worst offender, GE (General Electric), spent over $39 million on lobbyists in 2010 alone, avoided paying any U.S. taxes, and indeed received tax rebates totaling over $4.7 billion over the three years studied.

PG&E spent the second most on lobbying among the corporations named. In fact, it topped GE’s 2010 totals, spending nearly $45.5 million on lobbying last year. From 2008 through 2010, the company spent just under $79 million on lobbying...

All figures below in millions.
Company Profits Taxes Paid Lobbying
General Electric $10,460 -$4,737 $84.35
PG&E Corp $4,855 -$1,027 $78.99
Verizon Communications $32,518 -$951 $52.34
Wells Fargo $49,370 -$681 $11.04
American Electric Power $5,899 -$545 $28.85
Pepco Holdings $882 -$508 $3.76
Computer Sciences $1,666 -$305 $4.39
CenterPoint Energy $1,931 -$284 $2.65
NiSource $1,385 -$227 $17.47
Duke Energy $5,475 -$216 $17.47
Boeing $9,735 -$178 $52.29
NextEra Energy $6,403 -$139 $9.99
Consolidated Edison $4,263 -$127 $1.79
Paccar $365 -$112 $0.76
Integrys Energy Group $818 -$92 $2.45
Wisconsin Energy $1,725 -$85 $2.45
DuPont $2,124 -$72 $13.75
Baxter International $926 -$66 $10.45
Tenet Healthcare $415 -$48 $3.43
Ryder System $627 -$46 $0.96
El Paso $4,105 -$41 $2.94
Honeywell International $4,903 -$34 $18.30
CMS Energy $1,292 -$29 $3.48
ConLway $286 -$26 $2.29
Navistar International $896 -$18 $6.31
DTE Energy $2,551 -$17 $4.37
Interpublic Group $571 -$15 $1.30
Mattel $1,020 -$4 $2.81
Corning $1,977 -$4 $2.81
FedEx $4,247 $37 $50.81

http://www.forbes.com/sites/chrisbarth/2011/12/14/29-companies-that-paid-millions-for-lobbying-and-didnt-pay-taxes/

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