General Electric, the nation's largest corporation, had a very good year in 2010.And when the US workforce isn't well-compensated enough and/or widely employed enough to generate enough tax revenue to keep this nation afloat, GE will just pick up and exploit the workforce in a healthier economy for all its worth, and so on and so on.
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.
Until there's a country smart enough not to let corporations own its government, anyway.
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