Posted 5 years ago on April 26, 2012, 6:58 p.m. EST by TrevorMnemonic
This content is user submitted and not an official statement
The top tax bracket for U.S. corporations stands at 35 percent, one of the highest rates in the world. So how is it possible that a giant of American business, General Electric, paid nothing in federal taxes last year, even as it made billions in profit?
BP Cut Tax Bill by $13B Due to Losses From Spill... essentially the tax dollars paid for the cleanup...
(sorry to share a Fox News link, it still shows the bullshit) Read more: http://www.foxnews.com/politics/2011/04/22/bp-cut-tax-13b-losses-spill/#ixzz1tBppZHYf
Oldies but goodies. Share if you or anyone is unaware... or if an a-hole tries to talk about how the corporations pay too much in taxes and claim "that's what's killing jobs!" What's killing jobs is greed.