Wednesday, March 30, 2011

New York Times reports that GE paid no Federal income tax in 2010






Avoiding corporate taxes should be free.
Posted by Michael Isenberg at 9:54 AM

2 comments:

  1. ReadwriteblueMarch 31, 2011 at 7:08 AM

    This story illustrates what we are up against. Only when you read deeply within the article do you learn how “Green Energy Credits” and “aggressive lobbying” are why after earning 5 billion in profits GE pays nothing to the IRS. I know James Taggart would be proud.

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  2. Michael IsenbergMarch 31, 2011 at 4:19 PM

    GE has certainly climbed to the top of the Aristocracy of Pull. However, I do think that only individuals, not corporations, should pay taxes.

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