It Pays To Be Tight With Obama

Obama's favorite big corporation pays NO TAXES! Again! Maybe CEO Jeffrey Immelt is looking for a job in Obama's cabinet.

General Electric, the nation’s largest corporation, had a very good year in 2010.

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.

Read more: http://dailycaller.com/2011/03/25/g-e-%e2%80%99s-strategies-let-it-avoid-taxes-altogether/#ixzz1Hi4Aab8I