Skip to main content

View Diary: Busy day for Republicans: protecting millionaires and screwing over the rest (80 comments)

Comment Preferences

  •  sidebar: corporate taxes (0+ / 0-)
    The lunch hour flash mob descended on GE’s Boston headquarters yesterday sporting blaze orange MASSUNITING hats to perform their own version of the 1976 Marcia Griffiths classic. You can see all the lyrics to the “General Electric Slide” here, but here’s a sample of the retooled tune:
    GE pays no taxes! It’s pathetic!
    Billions in refunds! It’s pathetic!
    You know that ain’t fair – ain’t fair anywhere!

    A new report by the non-partisan Institute on Taxation & Economic Policy and Citizens for Tax Justice reveals that General Electric is amongst the worst tax dodgers in America. Despite posting profits of more than $19.6 billion over the last three years, GE managed to draw in a federal tax refund of $3.7 billion. The resulting net-negative tax rate of -18.9% placed GE near the top of the non-profits’ “Dirty Thirty” list of corporate tax dodgers.

    V. P. Biden - introduced the "Romney Rule" good blow to Mitten's glass jaw - - just how much capital$$ could Romney et al make under the Romney/Ryan/Rove tax cut plan

    by anyname on Mon Apr 16, 2012 at 11:31:13 AM PDT

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site