WHAT: The top five users of federal corporate tax breaks are also among the biggest American political spenders. They gave out a combined $7.86 million in campaign contributions during the 2010 election.
WHO: Chevron and ExxonMobil gave mostly to Republicans. Bank of America, General Electric and Boeing divided their contributions pretty evenly between the two parties. They earned a combined $77.16 billion and paid no taxes.
HOW: At 35 percent, America’s corporate income tax rate is second only to Japan’s 39.5 percent. But with all their federal subsidies, shelters, special breaks and loopholes, U.S. corporations pay only slightly more on average than foreign competitors.