Everything one needs to know about our government and system of taxation is that bailout recipient General Electric reported earnings in excess of $14 billion in 2010. It paid no federal taxes on that income as GE filed an approximately 57,000 page return showing a tax obligation of zero . . . yeah, zip zero . . . nothing . . . nada.
Hey there fellow tax paying suckers, how about that? How about them apples? How cool is that? Is this a great country or what?
1 comment:
GE is also allowed to send US jobs to China, along with technology secrets. Considering Boeing was not even allowed to move jobs or technology to South Carolina, thanks to Herr Obama, I would think it might be helpful to become a pet of Obama, i.e., play to his narcissism like Immelt does.
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