Do Wealthiest Corporations Pay Taxes in America? U.S. Companies Dodge $60 Billion in Taxes With Global Odyssey - as reported in the Communist Bloomberg News --- Exxon Mobil paid no federal income tax in 2009 The joke goes, The economy is so bad Exxon Mobil laid off 25 Congressmen. --- "If you've ever wondered how it's possible that you pay more to the IRS than General Electric...Microsoft, for example, has its overseas subsidiaries license software to its US parent company in return for handsome royalties that get taxed at lower overseas rates. Exxon limits its tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda, and the Cayman Islands that shelter cash flow from operations in the likes of Angola, Azerbaijan, and Abu Dhabi....Now quit your carping and get back to filling out that 1040!" - Slashdot News Story | What the Top US Companies Pay In Taxes --- How Multinational Corporations Dodge Taxes --- and the Conservative Supreme Court has just allowed these pay-little-to-no-taxes corporations to influence our elections with money they avoided paying into US tax coffers. All while crying American taxes are too high.