BlackRose#194
"In April 2009, BusinessWeek magazine reported that FPL Group was one of 25 US companies that paid the least US taxes. FPL Group paid a 1.3 percent annual tax rate, far less than the standard 35 percent corporate rate, based on an analysis of the company's financial figures for 2005-2008. On more than $7 billion in company earnings during this four-year period, FPL Group paid $88 million in taxes. This low rate was possible given tax breaks for having invested in alternative energy. A company spokesperson said the company is merely taking advantage of incentives to develop renewable resources. To ensure these tax breaks continue, in 2008 alone, FPL Group paid more than $500,000 to five major lobbying firms that lobby Congress."