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[email protected] dcaster@krl.org is offline
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Default GE Paid No Taxes on $14 Billion in Profits

On Nov 19, 4:52*pm, Hawke wrote:

I wasn't talking about green energy or profits made offshore. I was
simply making the point that multibillion dollar corporations are making
tons of money and not paying any taxes. Why wasn't up to question. The
point is if they aren't paying anything in taxes then who is? I say it's
the average working person who is paying if the corporations are not.
That's pretty clear isn't it?


So do you believe that companies should pay U.S. income taxes on
profits that are made outside the U.S.?



I don't think that's right. I think those businesses should be paying
much closer to 30% of all the taxes to the treasury. I also find it
amusing that the average guy, who is paying for everything in this
country doesn't seem to mind that he's paying a lot of taxes and huge
corporations pay none. I find that ironic to say the least.


So do you believe that companies ought to not follow the U. S. tax
code? That is, if Congress says it wants to encourage green energy
sources such as wind power and provides tax incentives to do so, that
G.E. should not build generators for wind mills.

I find it ironic that you want the government to encourage green
energy, but you then are upset that G.E. accepts the tax credits for
building generators for wind power. Make up your mind on what you
want.


Dan



Hawke