Monday, April 4, 2011

GE pays no Federal Taxes for 2010 - What about you?

Most people find the fact that one of the largest corporation in the U.S. is paying no corporate income tax unbelievable and frustrating.  Does it make you wonder if there is more that you can do to pay less?  Here is an interesting article that talks about how to do just that!  I can tell you that not all of the information is 100% accurate...(for example, they use the example of a $150,000 income and then talk about some deductions which are actually phased out at that income level)... but, it still makes for an interesting read.  If you really feel ambitious, read some of the over 2000 comments for more entertainment!

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