consider becoming a multi-billion dollar multinational corporation:
http://www.nytimes.com/2011/03/25/bu...ewanted=4&_r=1
cliffs:
discuss.
http://www.nytimes.com/2011/03/25/bu...ewanted=4&_r=1
cliffs:
The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.
Since 2002, the company has eliminated a fifth of its work force in the United States... In that time, G.E.’s accumulated offshore profits have risen to $92 billion from $15 billion.
At a tax symposium in 2007, a G.E. tax official said the department’s “mission statement” consisted of 19 rules and urged employees to ... “..exploit opportunities to reduce tax.”
G.E. spends heavily on lobbying: more than $200 million over the last decade.
G.E. spends heavily on lobbying: more than $200 million over the last decade.
discuss.
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