For the second consecutive year, GE made billions in profiits and paid nothing in taxes. It pays to have friends in Washington. Oh, I forgot, Jeff Immelt, the overpaid CEO of GE, is a good buddy of Barack Obama. It pays to have friends and lobbyists in high places. I do not have a problem with GE using the tax system to its advantage. I do have a problem when the GE Chairman is appointed by the president  to the unpaid advisory role of job creation in January and is continually praised by Obama as some kind of "green hero".
 
Let's not forget that under Immelt's leadership,GE laid off 21,000 American workers and closed 20 factories between 2007 and 2009. More than half of GE's workforce is now outside the United States. Let's see how Obama's buddies in the liberal media treat the Orator-in-Chief's relationship with GE and Immelt. We all know how the media would have treated George Bush if he were still president and this happened under his watch.

Our tax policy is out of whack, always was, and always will be. But what GE does not pay in taxes is more than offset by the money GE pays lobbyists and tax accountants it employs. Can you imagine the outrage if GE was an evil oil company?

When you are putting your taxes together for April 15, keep in mind that GE didn't pay any. It will give you hope that you will get lucky too!

Big Business's motto: NON-TAXATION WITH PLENTY OF REPRESENTATION





Pay Up, Because GE Didn't