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?
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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