Words of Advice:

"Never Feel Sorry For Anyone Who Owns an Airplane."-- Tina Marie

"
If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

"
Flying the Airplane is More Important than Radioing Your Plight to a Person on the Ground
Who is Incapable of Understanding or Doing Anything About It.
" -- Unknown

"There seems to be almost no problem that Congress cannot, by diligent efforts and careful legislative drafting, make ten times worse." -- Me

"What the hell is an `Aluminum Falcon'?" -- Emperor Palpatine

"Eck!" -- George the Cat

Wednesday, April 7, 2010

I Paid More In Income Taxes Than General Electric!

Or, for that matter, ExxonMobil. But I get a W-2 and they have legions of accountants and tax lawyers to make certain that they pay no income taxes.

Which is how GE can book $10,300,000,000 in income and pay nothing in taxes.

Note also that Jamie "Big Bank Collapses Are a Fact of Life" Dimon agrees with the proposition that only workers should pay taxes.

2 comments:

Marc said...

Heck, Warren Buffett noted that he pays less taxes than his secretary.

On the other hand, now that Citizens United is on the books, shouldn't we be calling out corporations to enlist in the military - but since many are multinational, would they need to be naturalized?

montag said...

You too can pay $0 taxes! All you have to do is buy your own congress critter, just as soon as you hit the big one in the lottery.