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re: GE tax dodge

Posted on 3/25/11 at 10:50 am to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/25/11 at 10:50 am to
And when we DO tax GE at 35% and they layoff 75,000 US employees we'll all be bitching too...
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15049 posts
Posted on 3/25/11 at 10:59 am to
The only two options are zero and 35%?

Anyway, what you're basically arguing is that the rest of us should pay more in taxes so that GE doesn't have to. Increase my bill to the benefit of GE shareholders and employees.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47138 posts
Posted on 3/25/11 at 1:42 pm to
quote:

And when we DO tax GE at 35% and they layoff 75,000 US employees we'll all be bitching too...


Well, they should be paying SOME taxes, not f'n zero.
Posted by ironsides
Nashville, TN
Member since May 2006
8153 posts
Posted on 3/25/11 at 2:49 pm to
quote:

And when we DO tax GE at 35% and they layoff 75,000 US employees we'll all be bitching too...


And if you think a company like GE hasn't already offshored every position that they can, you're high. If they paid the standard corporate tax rate they would suffer, but not to the extent that you are suggesting. Why shouldn't they pay what their competitors pay in the US?



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