Tagged: general electric
President Obama and some members of Congress think the easiest way to fund infrastructure is by granting corporations a large tax cut on their untaxed offshore profits.
They occupied their squares to defeat tyrants; we occupy our squares to defeat the tyranny of business as usual.
If there were an Olympics for tax dodging, General Electric would sweep the gold. Last year GE reaped $3.3 billion in federal income tax refunds, despite more than $5 billion in U.S. profits
Philips, GE, and Sylvania all are ready to market incandescent bulbs that meet higher efficiency standards, while saving money for consumers -- but don't tell tea-partying lawmakers.
America could use a new stimulus package.
On tax day, millions of Americans paid their taxes, but GE was not among them. WNYC interview commenting on the US Uncut hoax on General Electric.
Government must stop doling out ever-larger tax breaks to the superrich and vast corporations.
Between 2006 and 2010, GE earned $26.3 billion in profits and paid no U.S. taxes, yet received $4.2 billion in tax refunds.
With Daley and Immelt on board, our president is waltzing with the devil.