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 Today's Anarcho-Capitalist Good News: G.E.’s Strategies Let It Avoid Taxes Altogether

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PostSubject: Today's Anarcho-Capitalist Good News: G.E.’s Strategies Let It Avoid Taxes Altogether   Sat Mar 26, 2011 6:32 pm
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.

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