Results tagged “corporations”

Corporations Can't

By Michael Mulvey on August 1, 2011 7:30 AM

My former colleague Jedd Flanscha has a great new campaign up called Corporations Can't. It points out the absurdity of how corporations have the the same legal rights as living, breathing human beings.

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Imagination At Work

By Michael Mulvey on March 28, 2011 9:02 AM

From the NYTimes:

General Electric, the nation's largest corporation, had a very good year in 2010.

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.

That may be hard to fathom for the millions of American business owners and households now preparing their own returns, but low taxes are nothing new for G.E. The company has been cutting the percentage of its American profits paid to the Internal Revenue Service for years, resulting in a far lower rate than at most multinational companies.

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