dubliner

theweekmagazine:

The largest corporation in America paid precisely zero dollars in taxes to the government last year. Despite making $14.2 billion in profits, General Electric managed to exploit legal loopholes and tax breaks to avoid paying any corporate tax in the U.S., reports David Kocieniewski at The New York Times. In fact, GE was able to claim a tax benefit of $3.2 billion in 2010.

(via mikehudack)