Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Elsie
As with most people in the top 10-15% of income earners, I paid something considerably in excess of my "fair share".

How much did GE pay in Federal corporate taxes last year? It's nice to have friends in high places.

84 posted on 06/28/2011 6:58:50 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
[ Post Reply | Private Reply | To 80 | View Replies ]


To: andy58-in-nh
How much did GE pay in Federal corporate taxes last year?

Nothing.

Taxes are just another costs of doing business; like buying steel or paying the utility bill.

It ALL gets figured into the final selling price of the product and the PURCHASER (us) pays the taxes; no matter HOW much the b usiness' are assessed.

105 posted on 06/28/2011 12:21:09 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going)
[ Post Reply | Private Reply | To 84 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson