Wednesday, March 30, 2011

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

Avoiding corporate taxes should be free.


  1. 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.

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