Sunday, March 27, 2011

GE’s Scandalous Tax Breaks Are Rooted in Politics

GE’s Scandalous Tax Breaks Are Rooted in Politics BNET
"It’s tax bill for the year? $0.00.

Over the last three years, GE’s effective tax rate — how much it actually pays the feds — is a minuscule 3.6 percent.

By the way, since 2002 the “imagination at work” company has put its thinking cap on and cut 20 percent of its domestic work force, while shipping thousands of jobs overseas"

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