Posts Tagged ‘GE austerity’

Mar
2012
2

GE Now Averaging 2.3% Tax Rate Over the Last Ten Years Despite Taxpayer-Funded Bailout

GE Now Averaging 2.3% Tax Rate Over the Last Ten Years Despite Taxpayer-Funded Bailout
It is not exactly news that General Electric (GE) is breaking laws and avoiding taxes while taking billions of dollars from the federal government. But, since GE’s CEO Jeffrey Immelt became President Obama’s “job czar,” the focus on this rehashed story has become ever-more personal for onlookers who can’t stomach...