Sunday, March 27, 2011

G.E.’s Strategies Let It Avoid Taxes Altogether - NYTimes.com
General Electric, the nation’s largest corporation, had a very good year in 2010.

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.
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Its extraordinary success is based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore.
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Over the last decade, G.E. has spent tens of millions of dollars to push for changes in tax law, from more generous depreciation schedules on jet engines to “green energy” credits for its wind turbines.
Canadians Waking Up to Earth Hour Scam! « Blowing Our Tax Dollars
According to the Toronto Star (Propagandist of the “Green Scam”) the GTA saw a power reduction of only 5% during the 2011 Earth Hour. This compares to a drop of 10% last year and a drop of 15% in 2009.

The Star article begins with, “Is Toronto in the dark when it comes to Earth Hour?”

No, Toronto and the rest of Canada are waking up to the scam being promoted by the media.
Dr. Goebbels would be proud
So opposition to regulation of the gas we all breathe out is equivalent to feeding babies arsenic. There is no lie the Warmists will not sink to. But their entire case is built on dishonesty so we should not be too surprised. Global warming has long ceased to be a scientific debate. It is now just a Fascist lunge for power on the part of the Green/Left -- JR

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