Why is GE not paying Taxes?
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Can someone please explain to me why GE, one of the largest companies in America, is not paying taxes?
Every year, they get lots of tax payer’s money in the form of contracts. On top of that, they also get tax benefits.
For what?
For exporting American jobs abroad?
According to the New York Times, GE made $14.2 billion in profit last year. Out of that, $5.1 billion in profits came from the U.S. operations. That includes tax payers’ money paid to GE to build engines for fighter jets. But GE pays no tax.
To make matters worse, GE claimed $3.2 billion in tax benefit.
Why is Obama clapping for that GE's CEO in that picture?
Why is Wesley Snipes in jail?
Ok! I will hold myself from smashing my head on the wall. I will let the working poor who pay taxes and have to do with less shed their own tears. I will let the unemployed who will soon lose their unemployment benefits prepare their own funerals.
But I have a simple question: Aint we watching the wrong revolution?
