tag:blogger.com,1999:blog-53246864840716464.post8127421994897574619..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: After Getting Bailed Out By American Taxpayers, General Electric Pays ZERO U.S. Taxes, Pretending that All of Its Profits are OverseasUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-53246864840716464.post-55535292178422404482010-04-21T21:20:07.759-07:002010-04-21T21:20:07.759-07:00The Republicans sure set us up with all their tax ...The Republicans sure set us up with all their tax breaks for rich Corporations and now they don't want the taxes raised on them. And they blame President Obama, unreal and criminal!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-52976577527919698632010-04-21T04:46:30.149-07:002010-04-21T04:46:30.149-07:00As an American living in Switzerland for the past ...As an American living in Switzerland for the past 15 years, I still have to pay US taxes in addition to Swiss taxes. I do not own property in the US, own no US stocks, bonds, etc. I have no US derived income, yet I am required by law to pay US taxes. Something is wrong when the big corporations can "legally" hide their profits offshore. <br /><br />The corporate tax rate should be low enough that the companies don't waste their money trying to find loopholes and simply pay the tax. We don't want to drive them offshore.Unknownhttps://www.blogger.com/profile/00949686358193191783noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-11317041805674037602010-04-18T09:39:39.594-07:002010-04-18T09:39:39.594-07:00Exxon also paid zero income tax. I filed it all un...Exxon also paid zero income tax. I filed it all under "what fascism looks like". I also linked this article for my subscribers, thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-25911006204621467402010-04-17T10:51:34.574-07:002010-04-17T10:51:34.574-07:00Follow the money...oops..its offshore
Jailed Whi...Follow the money...oops..its offshore<br /><br /><br />Jailed Whistleblower: US Lawmakers Held Offshore UBS Accounts<br /><br /><br />Democracy Now! co-host Juan Gonzalez discusses his interview with UBS whistleblower Bradley Birkenfeld one day after Birkenfield’s Tax Day clemency request to President Obama.<br /><br />http://tinyurl.com/y64ce28Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-86943169111259071972010-04-17T09:12:06.541-07:002010-04-17T09:12:06.541-07:00why are we the american people not protesting dail...why are we the american people not protesting daily in the streets about this?!?<br /><br />this is exactly what is wrong with our tax system.<br /><br />these corporations (and the 'groups of people' running them) have the ability to demand and get constitutional protections like free speech, yet do not have to adhere to any sort of tax code.<br /><br />what is the logical conclusion?<br /><br />what happens when EXXON decides it is going to arm it's employees ('security contactors' like Xe or Raytheon for example) to go to war against G.E.?<br /><br />what are we going to do when Goldman Sachs decides that our Federal Government is a threat, or say a specific State of the Union is a threat and decides a 'preventative strike' is necessary?<br /><br />Can anyone say 'United Fruit' for a good example in the recent past???!!?<br /><br />....just wait til these 'too-big-to-fails' decide that United States Citizens are a threat.<br /><br />whether you're a rural farmer type or an urbanite, this is good cause for us all as americans to rise up in protest.diykozmonothttps://www.blogger.com/profile/12397401528522693696noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-49949480512045618502010-04-17T06:07:47.403-07:002010-04-17T06:07:47.403-07:00The phenomenon discussed -is all-too-likely worse ...The phenomenon discussed -is all-too-likely worse than reported here.<br /><br />In the small northern Maine town I live in, the agricultural product is potatoes. There's nothing sexy about the potato business, except that its price is also determined by the credit economy and commodities futures indexes run off Wall Street and the Chicago Board of Trade where all the crooks make a living.<br /><br />Regardless. The largest potato farmer in this town has gotten a deal this past winter that cuts their receipts (per hundred weight) 12.5% <br /><br />This is catastrophic financial calamity enough to cause a dire hurt without any added problems. But there are other problems.<br /><br />It's nearing planting season and more than half last year's crop is still in storage unbought and unpaid-for too. It's not going to get bought or paid-for either.<br /><br />If -business- isn't making money growing potatoes, then you can draw a parallel to Jeffrey Immelt's squirrelly collection of businesses, and assume the profit GE is reporting is a connived fraud, and one for which they cannot afford to pay income taxes -regardless- the phony numbers Jeffrey has cooked up for public consumption.<br /><br />An 8-K restatement of income is likely baking right now in one of those many GE ovens used by the CFO to make Jeffrey Immelt's GE appear almost profitable enough to keep GE's stock price up -as if floating in mid-air-.<br /><br />Jeffrey Immelt is tall, if clearly a dimmer bulb than the company requires during these harsh economic times. I doubt Jeffrey Immelt would make a decent potato farmer in these rough economic times.<br /><br />I strongly suspect by the time Jeffrey is through -though- that GE will be sold off to the Chinese for chump change in yet another damaged-goods-swindle of the easily-duped Orient.<br /><br />Stranger things happen quite regularly now. <br /><br />It's being widely rumored -someone has figured how to smuggle gold out of Fort Knox. The scheme cleverly involves filling hollowed-out Tungsten ingots with the yellow metal.Anonymousnoreply@blogger.com