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Response to 1939 (Reply #8)

Sat Jul 2, 2016, 02:02 AM

10. Glad somebody posted that

I'm not a particular fan of GE (though I have a few of their lightbulbs and such) but they seem to have become a magnet for disinformation. My own habit when I read something absurdly irritating on the internet is to fact-check it. GE is a publicly owned company, so they have to issue annual reports to stockholders and publish independently audited financial statements. Going through a few years of those closely gets the numbers you posted. They do use a variety of means to pay less than simple corporate tax rate, but its not the zero-tax and worse claims you see here and there.

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