GE’s World

GE is living in their own little corporate world apparently where they can screw the U.S. Government by not paying taxes and then turn around and screw their workers too…

Last week, the New York Times reported that, despite making $14.2 billion in profits, General Electric, the largest corporation in the United States, paid zero U.S. taxes in 2010 and actually received tax credits of $3.2 billion dollars. The article noted that GE’s tax avoidance team is comprised of “former officials not just from the Treasury, but also from the I.R.S. and virtually all the tax-writing committees in Congress.”

Must be nice to be GE… it sucks to be their workers though. Shame on GE. Shame doesn’t even describe it. GE = Corporate greed mongers.

Bookmark and Share

Bookmark the permalink.

Comments are closed.