30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress

30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion | ThinkProgress: – Thirty corporations paid less than nothing in aggregate federal income taxes over the entire 2008-10 period. These companies, whose pretax U.S. profits totaled $160 billion over the three years, included: Pepco Holdings (–57.6% tax rate), General Electric (–45.3%), DuPont (–3.4%), Verizon (–2.9%), Boeing (–1.8%), Wells Fargo (–1.4%) and Honeywell (–0.7%).