Gee, GE Pays No Income Tax For 2010 Earnings


This truely is The Land Of Opportunity! According to The New York Times, last year, General Electric made $14.2 billion dollars, worldwide. Their profits in the USA were a meager $5.1 billion. That's right, GE made $5.1 billion in 2010 and paid exactly $0 in income tax!

But wait, it gets better! The New York Times goes on to say that General Electric received a tax benefit of $3.2 billion!

I suggest that you e-mail this story to your congressman, your senators and to anybody who has an e-mail address. Only a thief could justify GE's tax situation.

I guess this is what GE means by Imagination At Work!

No comments: