Name:   lotowner - Subject:   GE's Heavy Tax Load Date:   3/26/2011 6:31:37 AM

This company has it's tenacles going everywhere. Maybe corporate tax laws might be a good place to start. And Obama wants the tax rates to be higher!

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.