I am NOT an "idiot", not "dumb", not "uneducated" and I do NOT like "koolaid" sweetheart.<quoted text>
Plus GE had 108 BILLION it kept overseas as to not pay taxes.
So yes, you are dumb, uneducated, and you drink the 'we are over taxed' koolaid by the GALLON!!
Educate yourself!!!!!!! And quit making a complete fool of yourself by being so ignorant of the truth.
Overtaxed, always raising taxes... Blah blah blah
Just stupid republicans!!
Just who is trying to clean up the tax loopholes provided in your link? Paul Ryan. In case you were not aware, he is a Republican!
The fact that GE paid no taxes in 2010 was widely reported earlier this year, but the size of its tax return first came to light when House budget committee chairman Paul Ryan (R, Wisc.) made the case for corporate tax reform at a recent townhall meeting. "GE was able to utilize all of these various loopholes, all of these various deductions--it's legal," Ryan said. Nine billion dollars of GE's profits came overseas, outside the jurisdiction of U.S. tax law. GE wasn't taxed on $5 billion in U.S. profits because it utilized numerous deductions and tax credits, including tax breaks for investments in low-income housing, green energy, research and development, as well as depreciation of property.
Ryan is hopeful that President Obama will work with Republicans on corporate tax reform. "This is the one thing I think we've got some bipartisan agreement on," he said.