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Robert Reich /
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2024-09-12 19:03:03

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.
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