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DGDevin DGDevin is offline
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Default GE pays no income tax



"BobR" wrote in message
...

GE was a major contributor to Obama and he has no intention of
changing what GE has to pay.


No President chooses what tax rates anyone pays (although Reagan was pretty
good at getting some Democrats to go along with his suggested tax cuts).
But I'm sure we'd agree that Obama's chances of getting the current House of
Representatives to go along with anything he requested is somewhere between
slim and none.

GE splits its political donations roughly down the middle between the two
parties, although it's top recipient in 2010 was Ron Portman, R-Ohio. Of
course like all companies it tends to be most generous to members of
Congress who sit on committees with oversight over businesses GE is engaged
in.