Originally Posted by crockett

Of course there are govt leeches.. just like there are corporate leeches that also milk the govt tit.

I'll give you an example..

General Electric. In 2010, GE earned a whopping $14.2 billion in profits - yet did not pay a dime in U.S. corporate taxes. Not only did they not pay any taxes they received $3.2 billion in govt incentives.

Now lets talk big Oil.. When you combine state & federal subsidies this industry rakes in roughly $133.8 billion to $280.8 billion a year of tax payer dollars in subsidies. Now this is of course the entire industry as a whole, but just the three top oil companies made $80 billion profits last year. (that's about 200 million a day)

A interesting article from the NY Times about how these companies get out of paying taxes and essentially leech/abuse the system.. (humm sound familiar?)

http://www.nytimes.com/2010/07/04/bu...tax.html?_r=3&

I guess it's ok for rich white CEOs & and their cronies to milk the govt tit, but not poor white trash rednecks & black hooligans. As long as you wear a suit and tie while you steal tax payer money it's all good.