The 64 corporate teams paid just over 8% in taxes over the five-year period.
The Slink Sixteen
General Electric: The worst tax record over five years, with $81 billion in profits and a $3 billion refund.
Boeing: In addition to receiving a refund despite $21.5 billion in profits, the company ranked high in job cutting, underfunded pensions, andcontractor misconduct.
Exxon Mobil: Made by far the largest profits in the group, but paid less than 1% in U.S. taxes, and yet received oil subsidies along with their tax breaks. Unabashedly reports a 2012 "theoretical tax" of over $27 billion, almost 90% of its total income tax expense. The company was also near the top in contractor misconduct.
Verizon: Second worst tax record, with a refund despite $48 billion in profits.
Kraft Foods: Received a refund from the public despite $13.5 billion in profits. Also a leading job-cutter.
Citigroup: One of the five big banks who are estimated to get a bailout/refund from the American public amounting to three cents from every tax dollar.
Dow Chemical: Received a refund despite almost $10 billion in profits.
IBM: Paid less than 3% in taxes while ranking as one of the leading job cutters, and near the top in contractor misconduct.
Chevron: In addition to a meager 4.3% tax rate and a share of oil subsidies, the company has been the main beneficiary of tax-exempt government bonds.
FedEx: The company paid less than 5% in federal taxes while relying on the publicly-funded Post Office to deliver thirty percent of its ground packages.
Honeywell: Less than 6% in taxes, a leading job cutter, near the top in instances of contractor misconduct, and run by the “Fix the Debt” CEO with the largest pension fund.
An 8% tax rate, a leader in job cuts and underfunded pensions, and in the top 20 of contractor misconduct instances.
Notable for an 8.4% tax rate, job cuts, offshore holdings, and the top U.S. spot on the contractor misconduct dollar list.
Apple: Where to begin? Avoiding federal taxes, avoiding state taxes, hiding overseas earnings, engaging in intellectual property schemes, using the "Double Irish" to transfer profits from Europe to Bermuda, and underpaying its store workers despite conducting most of itsproduct and research development in the United States.
Pfizer: One of the leaders in stockpiling untaxed profits overseas, and right behind Merck in contractor misconduct dollars.
Google: A master at the "Double Irish" revenue shift to Bermuda tax havens, while using tax loopholes to bring a lot of the money back to the U.S. without paying taxes on it. Recognized as one of the world’s biggest tax avoiders.
Microsoft: Named as one of the biggest offshore hoarders while using tax strategies to bring much of their untaxed money back to the U.S., where it also avoids state taxes.
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