For last year, General Electric claimed a before-tax profit of $14.2 billion dollars. They also claimed an after-tax profit of $14.2 billion. They paid zero taxes. In fact, I think some of that profit was money the government gave them.
David Kocieniewski explains how come they don't have to pay taxes…but you and I and my cleaning lady do. It annoys the hell out of me that a large section of the public looks at that and thinks, "Good for them," then says we need to cut hot lunch programs for school kids in order to deal with the deficit.