On Friday, July 29, 2011, Francis Drouillard <[email protected]> wrote:
> ... in China:
>
> <
http://caffertyfile.blogs.cnn.com/2011/07/27/ge-moving-x-ray-business-to-china-what-message-is-sent-to-u-s/
>
>
> Obama's crony capitalists are so good for this country!

i would blame G E myself ....

from the article
"Two months after Immelt was named to the council, The New York Times
reported that General Electric paid no income taxes last year... thanks to
some fancy accounting footwork, even though the company earned $14.2 billion
in profits last year - more than $5 billion in the U.S. alone."


Francis is there any plausible reason why an entity like GE with that level
of profit
should not be paying taxes of some sort

They are multinationals after all ... tax breaks and loop holes haven't
stopped them moving the business ... you all may as well have been paid in
the past

mx







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