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Non-Tech : Kirk's Market Thoughts
COHR 191.04-2.5%Jan 16 9:30 AM EST
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To: robert b furman who wrote (1713)7/17/2014 2:22:52 PM
From: Jerome  Read Replies (1) of 27046
 
Hi Robert..... There are different reason why GM and GE paid no Federal Income Taxes.

GM had huge tax losses that could be carried forward to avoid future taxes. But it is all legal and proper.

GE has got one of the biggest and the best group of tax accountants to find deductions that other companies overlook. Its been said that this small army of tax accountants more that pays its own freight.

What are your bets for tomorrow?

My guess is that GE's outlook will beat everything estimated. And this will drive GE and the market upward.
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