"Steve Scott" wrote in message
...
On Wed, 14 Sep 2005 21:11:22 -0400, "ndugu" wrote:

I hate welfare!

The 94% of welfare that goes to rich corporations, that is. (oil
companies,
drug companies, halliburton, etc.)

This may surprise you but no company pays taxes.

The S&P sheets say otherwise. For instance, Citigroup last year has a
pre-tax income of $24,182 million, an effective tas rate of 28.6%, and a net
income of $17,046 million.

So, companies do pay taxes.