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CNN just did a story that GE CEO whose company payed zero taxes is an advisor

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quinnox Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 04:57 PM
Original message
CNN just did a story that GE CEO whose company payed zero taxes is an advisor
Edited on Thu Mar-31-11 04:58 PM by quinnox
to President Obama on corporate tax reform. LOL

A guy who heads a multi billion dollar company that paid ZERO taxes this year (that is, GE paid zero taxes) is an advisor to Obama on how to make the corporate tax rates structure better, unbelievable. Can't they even try to be a little more subtle?
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 05:00 PM
Response to Original message
1. You're looking at it wrong
If other companies can learn how to pay zero taxes while making a fortune, they will be more competitive.

This is how we WTF*: By companies paying zero taxes. Another genius move by Obama!

Don't you want's to WTF?


*Win The Future
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 05:32 PM
Response to Original message
2. why would they need to be subtle -- they know the country has Stockholm Syndrome
And they feel they have a *lock* on the next election because *the republicans are worse* (add the copyright symbol here). :sarcasm:

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Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 06:16 PM
Response to Original message
3. Big business went from screwing you behind your back to screwing you right to your face.
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Auntie Bush Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 06:48 PM
Response to Original message
4. Good move Obama. That CEO ought to know just how corporations evade taxes.
He should be a treasure trove of information. Kind of the same idea as the gov. hiring criminal computer hackers. Who else knows better how to stop them?
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 06:56 PM
Response to Original message
5. Not only do they pay no taxes, but they get government checks
Edited on Thu Mar-31-11 06:59 PM by Cali_Democrat
Obama does indeed want to reform the corporate tax system, he wants to cut them even larger government checks.
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