- Joined
- Mar 11, 2006
- Messages
- 39,003
- Reaction score
- 14,345
- Location
- Denmark
- Gender
- Male
- Political Leaning
- Centrist
http://www.nytimes.com/2011/03/25/business/economy/25tax.html?_r=1&hp
And people why the US is going down the hole with a tax system that actually PAYS its biggest corporation 3.2 billion dollars a year despite having 14.2 billion in profits.
The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.
Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.
And people why the US is going down the hole with a tax system that actually PAYS its biggest corporation 3.2 billion dollars a year despite having 14.2 billion in profits.