CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Today's Anarcho-Capitalist Good News: G.E.’s Strategies Let It Avoid Taxes Altogether Sun Mar 27, 2011 1:32 am | |
| General Electric, the nation’s largest corporation, had a very good year in 2010.
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.
ANCAPS: ANARCHO-CAPITALISTS
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