Corporate Tax Rates / Credits

Here’s a chart to illustrate just how grotesque the situation has become with regard to corporate taxation. General Electric, for example, does not pay income taxes. General Electric receives tax credits. It got $3.2 billion’s worth last year alone. But, of course, it is asking its unionized workers to take pay cuts.

(Chart from ThinkProgress via forbes.com)

Print Friendly, PDF & Email

Leave a comment

Your email address will not be published.

*