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NiSource

433 bytes added, 17:46, 19 January 2012
The companies that paid no tax for at least one year between 2008 and 2010 include the utilities [[Ameren]], [[American Electric Power]], [[CenterPoint Energy]], [[CMS Energy]], [[Consolidated Edison]], [[DTE Energy]], [[Duke Energy]], [[Entergy]], [[FirstEnergy]], [[Integrys]], [[NextEra Energy]], [[NiSource]], [[Pepco]], [[PG&E]], [[PPL]], [[Progress Energy]], [[Sempra Energy]], [[Wisconsin Energy]] and [[Xcel Energy]].<ref>Robert S. McIntyre, Matthew Gardner, Rebecca J. Wilkins, Richard Phillips, [http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf "Corporate Taxpayers & Corporate Tax Dodgers: 2008-10"] Citizens for Tax Justice and the Institute on Taxation and Economic Policy, November 2011 Report.</ref>
In December 2011, the organization [[Public Campaign]] published a report called "For Hire: Lobbyists or the 99%?" on corporations that have paid more on lobbying than on federal taxes. NiSource ranked ninth (see chart), reporting nearly $1.4 billion in U.S. profits from 2008 to 2010, and collecting $227 million in tax subsidies and from the U.S Treasury while spending $1.8 million on lobbying.;<ref name="PublicCampaign">Public Campaign, [http://publicampaign.org/sites/default/files/ReportTaxDodgerLobbyingDec6.pdf For Hire: Lobbyists or the 99%? How Corporations Pay More for Lobbyists Than in Taxes], organizational report, December 2011</ref> the company had nearly $712 million in tax subsidies, for a tax rate of -16.4%.<ref>Public Interest Research Group and Citizens for Tax Justice, [http://www.uspirg.org/uploads/e3/90/e39040a4efff6f31951212ef330255e0/USP-RepTax-Report.pdf "Representation Without Taxation: Fortune 500 Companies that Spend Big on Lobbying and Avoid Taxes,"] Public Interest Research Group and Citizens for Tax Justice, January 2012 Report</ref>
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