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General Electric (NYSE:GE) is so skilled at avoiding taxes - even though it earned $14.2B in...

Mar. 25, 2011 9:48 AM ETGeneral Electric Company (GE) StockGEBy: Carl Surran, SA News Editor12 Comments
General Electric (NYSE:GE) is so skilled at avoiding taxes - even though it earned $14.2B in 2010, with $5.1B from U.S. operations - that the Treasury actually may owe the company money. Yves Smith's reaction: "The idea that U.S. corporations are heavily or even meaningfully taxed is a canard."

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