The nation’s largest industrial company, on Friday reported net earnings for the third quarter of $3.2 billion, up 57 percent from the same period in 2010 despite what the chief executive called a “volatile” economic environment.
Lets get this straight...GE made 15billion in profit and not only didnt pay any US taxs at all they got a 300,000,000 tax credit and they didnt create a SINGLE JOB here.To repay the US taxpayer for our kindness they moved an entire division to china to create jobs for chinese.
Now they see their profits SOAR 57% and they still havent created a single job.
OMG we MUST give Corporations another tax cut so they create JOBS....but, but, how do we give GE another tax cut when they dont pay any taxs at all.???? Cains 999 would be a huge tax increase on the poor dears.
Know what teaparty...stop embarassing yourselves trying to tell me that tax cuts creates jobs...its a lie, its always been a lie and even you know it
The rich are doing better than ever by far and whining lotta more...pfffffffffft