You paid more in taxes than America's largest corporation
http://www.good.is/post/how-american...taxes-in-2010/
Quote:
If you pay taxes at all, even one penny, then you paid more to Uncle Sam than a multi-billion company according to the The New York Times.
General Electric, what the Times calls America's largest corporation, paid no taxes at all in 2010 despite global pre-tax income of more than $14 billion.
A full $5.1 billion of that was earned in the United States. This is the second year in a row they've managed to completely avoid taxes. But get this, not only did GE pay absolutely no taxes in 2010 or 2009, but they actually pocketed more than $3 billion in government tax credits according to the Times. The government paid GE.
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And by comparison a nifty picture slide show of what the top 25 businesses in America paid.
http://www.forbes.com/2010/04/01/ge-...xes_slide.html
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