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CORPORATE TAX DEBATE
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Government & Elections
CORPORATE TAX DEBATE
<font face="arial, helvetica, sans-serif" size="1">With elections coming up, there’s no shortage of dialogue here. Whether you're a red state Republican or a blue state Democrat, everyone is welcome — just remember to be civil.</font>
HEADLINE ----GE leaves USA General Electric is planning to move its 115-year-old X-ray division from Waukesha, WI, to Beijing. In addition to moving the headquarters, the company will invest $2 billi
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Cat:d51398b3-89f9-463d-bf1b-4b885f02c9eeForum:af978875-5bc6-4b07-a6fb-b18062132f95
Cat:d51398b3-89f9-463d-bf1b-4b885f02c9eeForum:af978875-5bc6-4b07-a6fb-b18062132f95Discussion:2db46097-4cd1-41a7-8309-b8c5d32e3d48
Forums » Politics & Society » Government & Elections » CORPORATE TAX DEBATE
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CORPORATE TAX DEBATE
posted at November 4, 2011 9:21 PM EDT
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Posts: 12532
First: February 29, 2008 Last: May 17, 2013 |
HEADLINE ----GE leaves USA General Electric is planning to move its 115-year-old X-ray division from Waukesha, WI, to Beijing. In addition to moving the headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers. This is the same GE that made $5.1 billion in the United States last year, but paid no taxes- in fact they got money back filing a minus return.....and its the same company that employs more people overseas than it does in the United States. So the GOP wants to eliminate all taxes on corporations........when so many don't pay anything anyway or next to nothing....and then they take the profits made in the USA and use them to build up Asia. Senate Republicans successfully blocked a bill from coming to the Senate floor Sept 2010.... that Democrats claim would help keep American jobs from going overseas. The Democratic bill would have ended certain tax breaks for companies expanding overseas while giving new tax incentives to businesses bringing jobs home. |
Forums » Politics & Society » Government & Elections » CORPORATE TAX DEBATE
