Even FORBES doesn’t agree with the TEA PARITERS on lower taxes for CORPORATE POWERS!
HOUSTON — As you work on your taxes this month, here’s something to raise your hackles: Some of the world’s biggest, most profitable corporations enjoy a far lower tax rate than you do–that is, if they pay taxes at all.
http://www.forbes.com/2010/04/…
The most egregious example is General Electric ( GE – news – people ). Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.
Please share widely!
ray-m says
local and national media need to see,hear and be educated to this fact. send this to friends and family also. MAKE THIS VIRAL!