Also, The tax code is filled with loopholes for those that can find them.
You and I excluded.
Flat tax or a consumption tax, any form of fair tax would be better than the arbitrary bean-counting bullshit that is going on today.
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Add GE to the ZERO TAX list............... wow.... 7,000 tax returns and no US Income Tax. Reported 10 billion profit offshore with a 400 million loss domestically. Wonder where they deducted their R&D and overhead?
https://money.cnn.com/2010/04/16/news/companies/ge_7000_tax_returns/index.htm
Add GE to the ZERO TAX list............... wow.... 7,000 tax returns and no US Income Tax. Reported 10 billion profit offshore with a 400 million loss domestically. Wonder where they deducted their R&D and overhead?
https://money.cnn.com/2010/04/16/news/companies/ge_7000_tax_returns/index.htm
That would definately be hard to explain ![]()
...... that's 2 years away tho, got these Midterms coming up. Trying to figure out which version of Trickle Down they are slinging this year.
That would definately be hard to explain ![]()
...... that's 2 years away tho, got these Midterms coming up. Trying to figure out which version of Trickle Down they are slinging this year.

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