Laborer

You have probably read Lauren Kelley’s article last week about the ways that General Electric continues to milk the system with impunity. The company continues to make massive profits, but thanks to some creative bookkeeping, the company paid no income taxes 2011 in the United States. That’s right, zero! Nothing! In fact, they were able to claim a tax benefit of $3.2 billion dollars on their 2011 taxes!

But this tax story is just the tip of the iceberg of corporations not paying US taxes and GE getting worker concessions during negotiations.

Mike Elk is reporting, “After GE paid … Read more at 2011 Taxes.