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How GE avoids paying any tax...great read

Discussion in 'Off Topic' started by Adam Howard, Mar 26, 2011.

  1. Adam Howard

    Adam Howard Well-Known Member


    How is it big businesses like GE (General Electric) can avoid paying ANY taxes, while the rest of us are all struggling to get by? (I know how, but it shouldn't be this way).

    I guess I must keep missed the ad in The Sunday News Paper...

    "Government for rent and lease

    Must be willing to meet in secret and generally lie to the public. The willingness to sell out the general public is an added plus.

    Requirements are simple. Must present open ended, blank check or lump sum of cash. Open ended, blank check preferred, but will accept lump sum of cash.

    Only the rich need apply."
  2. physicspirate

    physicspirate Well-Known Member

    Well if you lobby enough you can get whatever you want. Invest a couple billion into buying the laws that make it profitable for you, sit back, and drink a margarita.
  3. Peggy

    Peggy Well-Known Member

    How to any of these companies get away with what they do? Seriously??

    Look at PNC Bank. they took a huge chunk of that bail out money from the government. What did they do? They turned around and bought out National City bank! Say what??? No way should that have been permitted.

    Big business sucks imo.
  4. Digital Doctor

    Digital Doctor Well-Known Member

    Because the American economy is corrupt and broken beyond repair.

    I pay 50% !

    Spineless Obama didn't have the guts political power to reverse the Bush Tax Cuts.
    Sad indeed.

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