.comment-link {margin-left:.6em;}

The World Unleashed

The Rantings of an unkown prophet can be found here; where no topic is safe! The resident savant will lead you thru the world as he sees it. Not an easy life, but one that MUST be shared, if the mission to "enlighten" is to reach fruition. Commentaries on religion, Catholicism, politics, abortion, evolution, sports, baseball, mets, yankees, entertainment, TV, american idol etc. can all be found here. enjoy it, hate it, come back often, send me your comments. all are welcome

My Photo
Name:

dont let my 1912 birthday bother you, i was born on feb. 29th so i only have birthdays every 4 years. so im only 26

Google
WWW http://allworldviews.blogspot.com/

Saturday, April 02, 2011

G.E. pays no tax & Gets 3.2B handout

General Electric made $5.1billion in profit last year and yet paid no tax at all last year and even managed to get a $3.2billion 'rebate' from the government.


YES, i HATE the Obama Health Care plan, but just getting this ONE lousy company to pay its fair share of taxes would go a long way to offsetting some of the health care cost, or if we can repeal his healthcare, it would go a long way toward funding or paying down something else.  And if there is one, there is more.
As with many other things, isn't it finally time we complained about the real problems? 
The root causes of some of our deficit?
Granted unnecessary wars,  handouts to lazy people, undeserving people & conniving people  contribute a lot to the mess, and we need to acknowledge them all, but corporations that make billions in PROFITS and pay no taxes. need to be pay their share. As does the medical industry, which overcharges for services rendered and in too many cases charges for services NOT rendered (medicare fraud).

 Yes. i know the "caveat" in this, the major corporations will take their headquarters overseas, since the U.S. is already the highest in corporate taxes. But the point is, if we can get ALL to pay their fair share, then we can lower corporate tax rates.
   And if they do try to "extort us by threatening to leave the country, then we treat them as we do all other "terrorists" and freeze all their assets.  And make no mistake, threatening the government is is a form of terrorism.  ..


2 Comments:

Anonymous Mary said...

Disgusting, but for some reason I am not surprised. Go figure...

4/03/2011 3:45 AM  
Anonymous online pharmacy said...

Thank you for providing such a valuable information and thanks for sharing this matter.

3/04/2020 1:33 AM  

Post a Comment

<< Home