Last night I read an article in GOOD about how GE paid ZERO dollars in taxes this year (which references this NYT article). GE paid no taxes and in fact earned $3.2 billion in tax credits. This issue is still bugging me. I haven't done my taxes this year but I am sure will not have earned enough credits to pay nothing.
I wonder, is it GE corporate responsibility to avoid paying taxes or is there is some social responsibility to paying taxes?
No taxation without representation... what about no representation without taxation?
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