Robert Reich on Nostr: GE boasted $7B in profit in 2023. So it must have paid a lot in federal income taxes, ...
GE boasted $7B in profit in 2023. So it must have paid a lot in federal income taxes, right?
If you guessed $1, you’d still be high.
In fact, GE got a *refund* of $423 million.
This is why we need the Biden-Harris administration's proposed 15% minimum tax on corporate profits.
Published at
2024-09-12 19:03:03Event JSON
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"content": "GE boasted $7B in profit in 2023. So it must have paid a lot in federal income taxes, right?\n\nIf you guessed $1, you’d still be high.\n\nIn fact, GE got a *refund* of $423 million.\n\nThis is why we need the Biden-Harris administration's proposed 15% minimum tax on corporate profits.",
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