GE Pays No Taxes? Not So Fast! They Most Certainly DO Pay Taxes

The “GE pays no taxes” mantra is rock-bottom brain-dead stupid, fit only for those who don’t understand the first thing about corporate taxes. Let’s see if we can make some headway on this:Rule #1: If you make profits, you pay taxes.Rule #2: If you do not make profits, you do not pay taxes.Rule #3: Corporations […]