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General Electric pays no US taxes
Key Excerpts from Article on Website of Forbes magazine


How can it be that you pay more to the IRS than General Electric?
Forbes magazine, April 1, 2010
Posted: 2010-04-19 00:23:58
http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-w...

Some of the world's biggest, most profitable corporations enjoy a far lower tax rate than you do – that is, if they pay taxes at all. The most egregious example is General Electric. Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion. How did this happen? It's complicated. GE in effect consists of two divisions: General Electric Capital and everything else. The everything else – maker of engines, power plants, TV shows and the like – would have paid a 22% tax rate if it was a standalone company. It's GE Capital that keeps the overall tax bill so low. Over the last two years, GE Capital has displayed an uncanny ability to lose lots of money in the U.S. (posting a $6.5 billion loss in 2009), and make lots of money overseas (a $4.3 billion gain). Not only do the U.S. losses balance out the overseas gains, but GE can defer taxes on that overseas income indefinitely. It's the tax benefit of overseas operations that is the biggest reason why multinationals end up with lower tax rates than the rest of us.

Note: Forbes later changed the title of this article to a more innocuous "What The Top U.S. Companies Pay In Taxes." Can you believe that GE not only pays no taxes, they actually get credit from the US government? They ship US jobs overseas and then reap huge tax benefits as a result. What's wrong with this picture? For a wealth of media news articles on the hidden manipulations of major financial corporations, click here.


Explore our index to revealing excerpts of key news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.

Below is a sample of just three of those 20 articles.


U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
http://abcnews.go.com/US/story?id=92662

In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban emigres, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof ... that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.

Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.


Inside the secretive Bilderberg Group
2005-09-29, BBC News
http://news.bbc.co.uk/1/hi/world/americas/4290944.stm

How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.

Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.


[9/11] Hijack 'suspects' alive and well
2001-09-23, BBC News
http://news.bbc.co.uk/1/hi/world/middle_east/1559151.stm

Another of the men named by the FBI as a hijacker in the [9/11] suicide attacks on Washington and New York has turned up alive and well. The identities of four of the 19 suspects accused of having carried out the attacks are now in doubt. Saudi Arabian pilot Waleed Al Shehri was one of five men that the FBI said had deliberately crashed American Airlines flight 11 into the World Trade Centre on 11 September. His photograph was released, and has since appeared in newspapers and on television around the world. He told journalists there that he had nothing to do with the attacks. He has contacted both the Saudi and American authorities. He acknowledges that he attended flight training school at Daytona Beach in the United States, and is indeed the same Waleed Al Shehri to whom the FBI has been referring. But, he says, he left the United States in September last year [and] became a pilot with Saudi Arabian airlines. Abdulaziz Al Omari, another of the Flight 11 hijack suspects ... says he is an engineer with Saudi Telecoms, and that he lost his passport while studying in Denver. Meanwhile ... a London-based Arabic daily says it has interviewed Saeed Alghamdi. He was listed by the FBI as a hijacker in the United flight that crashed in Pennsylvania. And there are suggestions that another suspect, Khalid Al Midhar, may also be alive. FBI Director Robert Mueller acknowledged on Thursday that the identity of several of the suicide hijackers is in doubt.

Note: The deceptions in the 9/11 official story are clearly shown in this key story. The FBI never revised its list of alleged hijackers. These four are all listed in the official 9/11 Commission report as the hijackers. Click here and scroll down a little over half way to see their photos in the official report. For more, see this webpage. Explore also concise summaries of deeply revealing news articles with evidence of a 9/11 cover-up from reliable major media sources. Then examine an abundance of reliable information suggesting a major 9/11 cover-up.


The above three are excerpts from the 20 most revealing news articles ever published.

Below is a sample of the three articles most recently posted to this website.


Advocacy over science: How youth gender medicine overran our institutions
2024-10-10, The Hill
https://thehill.com/opinion/4923929-aap-convention-rachel-levine/

U.S. Department of Health and Human Services Assistant Secretary for Health Rachel Levine, the highest-ranking transgender official in the Biden administration ... has supported a misinformation campaign that has turned the U.S. into an international outlier in the use of the "gender-affirming" model of care, which recommends hormones and surgeries rather than psychotherapy as the first-line treatment for adolescent distress around puberty. In 2022, Levine pressured the World Association for Transgender Health to remove age minimums for gender surgeries. Since 2017, a Manhattan Institute analysis of health insurance claims has shown, that more than 5,000 teenage girls had their breasts amputated as part of a "gender-affirming" procedure designed to help them achieve a male look. These figures ... do not include procedures performed at large health care systems like Kaiser Permanente (which is currently being sued by two young women who underwent "top surgery"). These surgeries do not seem to pose a problem for those like Levine who believe the theory that "trans kids know who they are." Children who do not fit sex stereotypes and same-sex attracted adolescents are now given the idea they are "trans" and encouraged to perceive hormones and surgeries as a solution to the substantial difficulties that society imposes on gender non-conforming young people. Contrary to the slogans, these treatments are not lifesaving.

Note: For more along these lines, explore concise summaries of revealing news articles on transgender medicine.


Biden Officials Pushed to Remove Age Limits for Trans Surgery, Documents Show
2024-06-25, New York Times
https://www.nytimes.com/2024/06/25/health/transgender-minors-surgeries.html

Health officials in the Biden administration pressed an international group of medical experts to remove age limits for adolescent surgeries from guidelines for care of transgender minors. Email excerpts from members of the World Professional Association for Transgender Health recount how staff for Adm. Rachel Levine, assistant secretary for health at the Department of Health and Human Services and herself a transgender woman, urged them to drop the proposed limits from the group's guidelines and apparently succeeded. If and when teenagers should be allowed to undergo transgender treatments and surgeries has become a raging debate within the political world. Opponents say teenagers are too young to make such decisions, but supporters ... posit that young people with gender dysphoria face depression and worsening distress if their issues go unaddressed. The draft guidelines, released in late 2021, recommended lowering the age minimums to 14 for hormonal treatments, 15 for mastectomies, 16 for breast augmentation or facial surgeries, and 17 for genital surgeries or hysterectomies. The proposed age limits were eliminated in the final guidelines. Gender-related medical interventions for adolescents have been steadily rising as more young people seek such care. A Reuters analysis of insurance data estimated that 4,200 American adolescents started estrogen or testosterone therapy in 2021, more than double the number from four years earlier.

Note: For more along these lines, explore concise summaries of revealing news articles on transgender medicine.


Why are foods banned in other places still on US grocery shelves?
2024-11-05, Vox
https://www.vox.com/explain-it-to-me/381121/food-candy-ingredients-coloring-d...

How is America allowed to feed us certain products that are harmful and banned in other countries? What some people may dismiss as a fixation of "granola moms" is actually a legitimate concern, says Melanie Benesh, the vice president of government affairs at the Environmental Working Group. The impact many of these chemicals have is chronic: They accumulate over time, after a lot of tiny exposures. For example, the whitening agent titanium dioxide in soups and dairy products can build up in the body and even damage DNA. European countries take a much more precautionary approach to additives in their food, Benesh says. "If there are doubts about whether a chemical is safe or if there's no data to back up safety, the EU is much more likely to put a restriction on that chemical." California banned four chemicals in 2023: brominated vegetable oil, Red Dye No. 3, propylparaben, and potassium bromate. This year, lawmakers in about a dozen states have introduced legislation banning those same chemicals and, in some states, additional chemicals as well. But federal oversight has been limited. When Congress wrote the food chemical law, they included an exception for things that are generally recognized as safe, or GRAS. This was intended to be a narrow loophole, an exception for ... things like spices or vinegar or flour or table salt. An analysis in 2022 ... found that 99 percent of new food chemicals were exploiting this GRAS loophole.

Note: Read more about the growing list of chemicals banned in the EU but not the US. For more along these lines, explore concise summaries of revealing news articles on food system corruption.


The above three are excerpts from the news stories most recently posted to this website.

Explore our index to revealing excerpts of news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.


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