Saturday, March 26, 2011

Guess Which Company Paid $0 in Taxes (on $14.2 Billion in Profits)? Hint: Its CEO Works for Obama

Half of all Americans don’t pay federal taxes on their income. And neither, apparently, does General Electric, the multi-national company that reaped $14.2 billion in profits last year. Though G.E. is the largest corporation in the U.S., it did not have to pay a dime in U.S. taxes, according to the New York Times. In fact, the company claimed $3.2 billion in tax benefits.


READ MORE ON THE BLAZE:  http://www.theblaze.com/stories/guess-which-company-paid-0-in-taxes-on-14-2-billion-in-profits-hint-its-ceo-works-for-obama/

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