GE pays no taxes

[pghquest]

Originally Posted by KsStorm

I don't believe that for a minute. They are one & the same:
Goodbye middle class,hello Ruling Class & Peasant Class.

Maybe you can post for me some GOP members requesting preferential tax credits for certain companies. I'll sit here and wait..

[bluescityleon]

Originally Posted by 20yrsinbranson

ge is a publicly traded company. I'm sure their books have been scrutinized by countless would-be investors as well as accountants.

Just because a company takes advantage of every tax break out there, has a very competent accounting staff *and* may qualify for legal government incentives which results in them paying little or no taxes, does not mean they are doing anything shady or wrong.

A friend of mine once told me that if any business pays taxes, then they need to get a new accountant, because a good one can find deductions for almost everything and anything. A good accountant will show a loss for the business every year even though they do make a profit. It's all about numbers.

I do not begrudge ge for having a good accounting team. In fact, i wish i knew who they were and could afford to hire them myself. Lol

20yrsinbranson

...........the tax code was rewritten just for them............does not work for the little guy

[20yrsinBranson]

Originally Posted by bluescityleon

...........the tax code was rewritten just for them............does not work for the little guy

I have not read the tax code, neither the "old" one nor the "rewritten" one. Have you? Or are you listening to some radio pundit spout this?

20yrsinBranson

[Donna-501]

Originally Posted by pghquest

Actually no Republican preferrs giving one company PREFERENTIAL treatment, but thats what GE got.. FROM DEMOCRATS..

I am sure that you have the documentation to back that up. I'll wait.

[bluescityleon]

Originally Posted by KsStorm

I don't believe that for a minute. They are one & the same:
Goodbye middle class,hello Ruling Class & Peasant Class.

...how many limos and handmadens does Queen Obama have?

[bluescityleon]

Originally Posted by Donna-501

I am sure that you have the documentation to back that up. I'll wait.

.........at least this one is screwing up................he took all that money from BP and what is he getting from GE?........just wait He will be brought down soon

[JohnPaul]

I dont agree with them being not taxed, but they are legit and are within the law, and the CEO of GE is Obamas job zarr

But to say GE products suck?? That's a stretch of much magnitude. You obviously dont know all the products they make not only for our country but around the globe. As Archie Bunker would say...Stifle meat head

[bluescityleon]

Originally Posted by JohnPaul

I dont agree with them being not taxed, but they are legit and are within the law, and the CEO of GE is Obamas job zarr

But to say GE products suck?? That's a stretch of much magnitude. You obviously dont know all the products they make not only for our country but around the globe. As Archie Bunker would say...Stifle meat head

My fridge doesn't work and their TV's sucked when I was fixin TV's in the 80's, and several other small idem . I told my wife not to buy GE but she got suckered and I hear about it every day the fridge doesen't cool or over kools and the repairman just wants us to replace some $500 part........but I'm sure noone else feel this way.

[Jay F]

GE should pay taxes. So should the 47% of workers who pay no federal income tax.

[sailordave]

Originally Posted by bluescityleon

My fridge doesn't work and their TV's sucked when I was fixin TV's in the 80's, and several other small idem . I told my wife not to buy GE but she got suckered and I hear about it every day the fridge doesen't cool or over kools and the repairman just wants us to replace some $500 part........but I'm sure noone else feel this way.

Think of GE like Panasonic. Panasonic makes some cheap stuff but they also make some high quality stuff.