Governments Don’t Overspend, Corporations Don’t Pay

Many of us suspected as much.  A recent New York Times expose of General Electric proved that though in 2010 this multi-billion dollar corporation “reported worldwide profits of $14.2 billion,” it paid no U.S. taxes on that profit.  In fact, “G.E. claimed a tax benefit of $3.2 billion!” This abomination was made possible by two political [...]