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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (126960)4/11/2011 7:02:55 PM
From: hdl1 Recommendation  Read Replies (1) | Respond to of 132070
 
spoken like a jealous fool who was never a big swinging dick on wall street.



To: Knighty Tin who wrote (126960)4/13/2011 11:54:29 AM
From: John Koligman  Read Replies (2) | Respond to of 132070
 
Looks like GE gets paid courtesy of the US to create jobs overseas...

John

To: Les H who wrote (16737) 4/13/2011 10:28:09 AM
From: Les H of 16755

Another focus on GE's tax strategy involves how it takes advantage of the irony of the "American Jobs Creation Act of 2004," which gave tax breaks to companies that located jobs overseas. "It actually led GE to shift some of its aviation leasing operations to Ireland in order to qualify for a tax deferral," the story notes, saving the company hundreds of millions of dollars in taxes annually.

news.idg.no