Category Archives: Corporations

The Big Lie: Reaganomics

Opposition to the Trump regime is surfacing rapidly. The most recent issue of Rolling Stone (February 25 – March 9, 2017) features an interview with John Oliver, discussing his plans for “Last Week Tonight” in this first year of Trump’s administration. … Continue reading

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Corporations

(Return to the Contents Topics page.)           The Flight of Corporations:  Corporations are increasingly avoiding tax liability to the United States government.           Texas Instruments Acquisition: M&A in semi-conductor area.           GE and Jobs: Russ Feingold on Immelt, GE … Continue reading

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The Flight of Corporations

(Return to the Contents Topics page.)            Here’s the chart MoveOn put together of Bernie Sanders list of the top ten corporate tax dodgers.  Actually, their tax avoidance may be entirely within the “law” – they made the law:            We discuss General … Continue reading

Posted in Corporations, Taxation

Texas Instruments Acquisition

(Return to the Contents Topics page.) This is from today’s (3/6/11) New York Times “DealBook”: Texas Instruments to Buy National Semiconductor for $6.5 Billion  Texas Instruments said on Monday afternoon that it had agreed to acquire National Semiconductor for $6.5 billion … Continue reading

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Jeffrey Immelt (G.E.) and Jobs

(Return to the Contents Topics page.)             “The ‘science’ of economics … has become a form of madness, a dream of human imagination we mistake for a pattern of the world.  It is a path not merely to serfdom, but … Continue reading

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G.E.’s Latest M&A Activity

(Return to the Contents Topics page.) Here’s the report on G.E.’s M&A activity in today’s (3/29/11)  New York Times:             “General Electric announced plans Tuesday to spend $3.2 billion for a 90 percent stake in Converteam, a company based in Massy, France … Continue reading

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The Modern G.E.

(Return to the Contents Topics page.)             In recent posts we’ve been discussing the announcement four days ago by General Electric, America’s largest corporation, that it is paying no federal taxes this year, and that it has filed a $3.2 billion … Continue reading

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G.E. and Corporate Tax Fairness

(Return to the Contents Topics page.)          Three days ago, I posted a comment on G.E.’s lack of any tax liability this year.  People are chagrined.  Some are noting wryly that this effectively means every American owes G.E. more than $10 for its tax credit.  … Continue reading

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GE Pays Zero Taxes

(Return to the Contents Topics page.) Here is the top story in today’s (3/25/11) New York Times, Dealbook:            “G.E. Avoids Paying Any Tax Last year, the nation’s largest corporation reported worldwide profits of $14.2 billion. Its American tax bill? None. … Continue reading

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Now Is the Time

Yesterday was not a good day.  Reports coming out of Michigan on the Rachel Maddow show of proposed legislation that would enable the governor in response to a financial “emergency” (his determination) to suspend local governments, fire elected officials, and … Continue reading

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