I love when people's best arguements are: "But that company makes BILLIONS!"

From reading the article it seems like GE has a group of tax lawyers that know what the hell they are doing. If you could legally avoid taxes like that, you would do it too.

ETA: "legally"

This post was edited on 3/25/11 at 9:01 am

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Posted by Robin Masters

Birmingham

Member since Jul 2010

31530 posts

Posted on 3/25/11 at 9:15 am to Chris Farley

quote:
From reading the article it seems like GE has a group of tax lawyers that know what the hell they are doing. If you could legally avoid taxes like that, you would do it too.

Fire all icumbents, bring about a fair flat income tax and install a consuption based tax. Also, require proof of tax participation to vote and require that all political campaigns contributions be pooled and split amongst all qualified candidates. No private or corporate contributions should go directly to any campaign. Follow these steps and I will be very happy. And so will my great-grandchildren.

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Posted by Cold Cous Cous

Bucktown, La.

Member since Oct 2003

15075 posts

Posted on 3/25/11 at 10:43 am to Chris Farley

quote:
From reading the article it seems like GE has a group of tax lawyers that know what the hell they are doing. If you could legally avoid taxes like that, you would do it too.

No, what it seems like is that GE has the money and clout to effectively bribe congress into letting GE's tax lawyers rewrite the tax laws to GE's benefit. Very different.

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