Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Night Hides Not

I hope not.

GE is about as crony as they come.

Guess how much corporate income taxes they pay?


17 posted on 06/04/2015 11:20:47 AM PDT by GeronL (free short story: http://flscifi.blogspot.com/2015/05/free-short-story-proper-care-feeding-of.html)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: GeronL

While literally true for a number of years, Elizabeth Warren was being misleading about GE not paying federal corporate income taxes:

http://www.factcheck.org/2012/04/warren-ge-pays-no-taxes/

GE lost $32b because of the financial crisis. Its profits in the following years were offset by those losses, thereby generating no federal tax liability. Any company is eligible for this kind of tax write-off.


25 posted on 06/04/2015 11:38:54 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson