View Single Post
  #18  
Old 09-23-2014, 11:54 AM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
Quote:
Originally Posted by merrylander View Post
GE did not pay one cent in taxes last year.
This is a bit misleading and has nothing to do with ongoing tax inversions. The reason they didn't pay taxes a couple of years back is that their GE Capitol subsidiary lost immense amounts of money in the real estate crash which offset the earnings in their other market segments.
__________________
As long as the roots are not severed, all will be well in the garden.
Reply With Quote