Build Date: Sat Dec 6 04:40:10 2025 UTC
Oh crappity-crap. I spend all that time filling in all the questions, and now I guess they sent my report off to the fake email address I entered on the first page.
-- P A U L
General Electric: Corporation with Benefits
2011-03-31 09:45:21
GE reported global profits of $14.2 billion with $5.1 billion of the total from U.S. operations. Its American tax bill? LESS THAN ZERO. Based on tax laws which G.E. lobbyists helped to write, G.E. managed to claim a tax benefit of $3.2 billion.
The next time you hear someone complaining that America has the highest corporate tax rate in the world, ask them if they can name one corporation that actually pays that rate of tax.
We haven't been able to find ONE.
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