So how does GE repay the US?
The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.
Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion. --NYT quoted at AOSHQ
It is a fact that "corporations" do not pay taxes--their customers do.
Having said that, it does seem a bit........odd........that President PixieDust is consorting with such rapacious and eeeeeeeeeeeeeeeevil corporations, no?
Why in the hell did Jeffrey Robert Immelt travel with Obama to Brazil? Vacation my #$%^&*! How many presidents leave the country upon Launching a war?
..... No good for us can come from this....
Famous quote from that stinking little Nazi Napolean Jack Welch: "We're GE, and you're not.".
Such an endearing little troll.
Disgraceful...but not surprising of course.
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