Your Taxes and mine have gone up so that taxes for these corporations and others can go down.
May 8th, 2010 by admin
These aren’t distressed companies struggling to survive, these are the Fortune 500 companies that are enjoying increased revenues and the largest quarterly profits they’ve seen in years. YET, our legislators have cut funding to our schools, roads, etc… raised our TAXES/FEEs while offering Fortune 500 Companies huge tax breaks.
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| Rank | Company | Revenues ($ millions) |
Profits ($ millions) |
|---|---|---|---|
| 1 | Wal-Mart Stores | 408,214.0 | 14,335.0 |
| 2 | Exxon Mobil | 284,650.0 | 19,280.0 |
| 3 | Chevron | 163,527.0 | 10,483.0 |
| 4 | General Electric | 156,779.0 | 11,025.0 |
| 5 | Bank of America Corp. | 150,450.0 | 6,276.0 |
| 6 | ConocoPhillips | 139,515.0 | 4,858.0 |
| 7 | AT&T | 123,018.0 | 12,535.0 |
| 8 | Ford Motor | 118,308.0 | 2,717.0 |
| 9 | J.P. Morgan Chase & Co. | 115,632.0 | 11,728.0 |
This has to stop! If Walmart, Bank of America, Ford, etc… want my money they need to earn it. They need to compete for it! Our State Representative and my opponent should be ashamed of himself
Next time you see him, ask him, “Why would he take our money and give it to Americas Largest Corporations”?
Bill Brown
Candidate for State House
Posted in Uncategorized
