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G.E.’s Strategies Let It Avoid Taxes Altogether
On March 28, 2011 by
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G.E.’s Strategies Let It Avoid Taxes Altogether
Source: www.nytimes.com
General Electric is skilled at avoiding taxes, lately to the extent that the Treasury owes the company money.
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Stunning! US corporate taxes fell from 30 percent of federal revenue in the mid-1950s to 6.6 percent in 2009.
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