Thursday, November 17, 2011

What do the 1% do? File a 57,000 page Tax Return, and pay no taxes

On $14,000,000,000

General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn’t pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked.

Is anyone protesting in front of Immelt’s house today?

1 comment:

Anonymous said...

Nope.. .they aren't anywhere near the UN either.