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Tag Archives: General Electric
by Danny Tyree

As both a capitalist and a taxpayer, news of recent antics by General Electric (G.E.) made me wince.
That’s because G.E.’s actions are practically begging the usual suspects to ramp up their protests against “evil corporations.”
According to the New York Times, G.E. – despite making a $5.1 billion profit in the United States in 2010 – paid no federal income tax and actually received a $3.2 billion tax credit to … Read the Rest of this Post
Posted in Floyd Reports, Opinion
Tagged corporate welfare, crony capitalism, Economic Issues, General Electric, Humor, Jeffrey Immelt, Taxes
1 Comment


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