{"id":3741,"date":"2011-03-25T21:14:25","date_gmt":"2011-03-26T03:14:25","guid":{"rendered":"http:\/\/www.edgewiseblog.com\/mjh\/nada\/your-tax-money-went-to-ge-shareholders\/"},"modified":"2011-03-25T21:14:25","modified_gmt":"2011-03-26T03:14:25","slug":"your-tax-money-went-to-ge-shareholders","status":"publish","type":"post","link":"https:\/\/www.edgewiseblog.com\/mjh\/nada\/your-tax-money-went-to-ge-shareholders\/","title":{"rendered":"Your Tax Money Went to GE Shareholders"},"content":{"rendered":"<p><a href=\"http:\/\/thinkprogress.org\/2011\/03\/25\/geo-ceo-greed-taxes\/\">ThinkProgress \u00bb Despite Paying No Income Taxes, GE CEO Lauded His Company\u2019s Patriotism In 2009 West Point Speech<\/a> <\/p>\n<blockquote>\n<p>On its front page this morning, the New York Times <a href=\"http:\/\/www.nytimes.com\/2011\/03\/25\/business\/economy\/25tax.html?hp\">reported<\/a> that General Electric \u2014 <a href=\"http:\/\/www.guardian.co.uk\/business\/2010\/jan\/14\/general-electric-jeff-immelt-multinational\">the world\u2019s largest company<\/a> \u2014 <font style=\"background-color: #ffc000\">made $14.2 billion in profits ($5.1 billion in America) and managed to not pay a dime in federal taxes. In fact, the company actually received \u201c<\/font><a href=\"http:\/\/www.nytimes.com\/2011\/03\/25\/business\/economy\/25tax.html?hp\"><font style=\"background-color: #ffc000\">a tax benefit of $3.2 billion<\/font><\/a>.\u201d<\/p>\n<p>The mega corporation\u2019s tax dodging flies in the face of the rhetoric of its CEO Jeffery Immelt \u2014 also <a href=\"http:\/\/www.bloomberg.com\/news\/2011-01-21\/obama-taps-ge-s-immelt-for-economy-panel-replace-volcker.html\">the head<\/a> of President Obama\u2019s Council on Jobs and Competitiveness \u2014 who sought to portray his company as one that values fairness in a speech at West Point in 2009.<\/p>\n<\/blockquote>\n<p><a href=\"http:\/\/thinkprogress.org\/2011\/03\/25\/geo-ceo-greed-taxes\/\">ThinkProgress \u00bb Despite Paying No Income Taxes, GE CEO Lauded His Company\u2019s Patriotism In 2009 West Point Speech<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ThinkProgress \u00bb Despite Paying No Income Taxes, GE CEO Lauded His Company\u2019s Patriotism In 2009 West Point Speech On its front page this morning, the New York Times reported that General Electric \u2014 the world\u2019s largest company \u2014 made $14.2 billion in profits ($5.1 billion in America) and managed to not pay a dime in &hellip; <a href=\"https:\/\/www.edgewiseblog.com\/mjh\/nada\/your-tax-money-went-to-ge-shareholders\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Your Tax Money Went to GE Shareholders<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,32],"tags":[],"class_list":["post-3741","post","type-post","status-publish","format-standard","hentry","category-nada","category-wtf"],"_links":{"self":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts\/3741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/comments?post=3741"}],"version-history":[{"count":0,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts\/3741\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/media?parent=3741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/categories?post=3741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/tags?post=3741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}