{"id":3751,"date":"2011-03-28T16:06:00","date_gmt":"2011-03-28T22:06:00","guid":{"rendered":"http:\/\/www.edgewiseblog.com\/mjh\/nada\/return-on-your-investment-nil-if-youre-a-taxpayer-plenty-if-youre-a-ge-shareholder\/"},"modified":"2011-03-28T16:06:00","modified_gmt":"2011-03-28T22:06:00","slug":"return-on-your-investment-nil-if-youre-a-taxpayer-plenty-if-youre-a-ge-shareholder","status":"publish","type":"post","link":"https:\/\/www.edgewiseblog.com\/mjh\/nada\/return-on-your-investment-nil-if-youre-a-taxpayer-plenty-if-youre-a-ge-shareholder\/","title":{"rendered":"Return on Your Investment: Nil, if you&rsquo;re a taxpayer, plenty if you&rsquo;re a GE shareholder"},"content":{"rendered":"<p><a href=\"http:\/\/thinkprogress.org\/2011\/03\/28\/bank-of-america-taxes\/\">ThinkProgress \u00bb Bank Of America Paid Nothing In Federal Income Taxes Last Year And Got Almost $1 Billion From Taxpayers<\/a> <\/p>\n<blockquote>\n<p>[S]ome of the country\u2019s biggest corporations are getting away without being asked to pay anything at all. In 2009, mega corporations like Boeing and General Electric managed to <a href=\"http:\/\/thinkprogress.org\/2011\/02\/26\/main-street-tax-cheats\/\">avoid paying a penny<\/a> in federal taxes \u2014 while also netting enormous benefits in tax benefits and subsidies. <\/p>\n<p>Now, with many companies releasing their financial reports for 2010, it appears that Bank of America \u2014 the nation\u2019s <a href=\"http:\/\/nyjobsource.com\/banks.html\">largest bank<\/a> \u2014 has gone a second year in a row paying absolutely no federal corporate income taxes. In fact, not only did the company use its losses to avoid paying taxes last year, but it actually reported a tax benefit of almost a billion dollars \u2026<\/p>\n<\/blockquote>\n<p><a href=\"http:\/\/thinkprogress.org\/2011\/03\/28\/bank-of-america-taxes\/\">ThinkProgress \u00bb Bank Of America Paid Nothing In Federal Income Taxes Last Year And Got Almost $1 Billion From Taxpayers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ThinkProgress \u00bb Bank Of America Paid Nothing In Federal Income Taxes Last Year And Got Almost $1 Billion From Taxpayers [S]ome of the country\u2019s biggest corporations are getting away without being asked to pay anything at all. In 2009, mega corporations like Boeing and General Electric managed to avoid paying a penny in federal taxes &hellip; <a href=\"https:\/\/www.edgewiseblog.com\/mjh\/nada\/return-on-your-investment-nil-if-youre-a-taxpayer-plenty-if-youre-a-ge-shareholder\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Return on Your Investment: Nil, if you&rsquo;re a taxpayer, plenty if you&rsquo;re a GE shareholder<\/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],"tags":[],"class_list":["post-3751","post","type-post","status-publish","format-standard","hentry","category-nada"],"_links":{"self":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts\/3751","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=3751"}],"version-history":[{"count":0,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/posts\/3751\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/media?parent=3751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/categories?post=3751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edgewiseblog.com\/mjh\/wp-json\/wp\/v2\/tags?post=3751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}