Americans were outraged when it came to light recently that multinational corporation General Electric paid no taxes for 2010. Here are some of the ways GE avoided the tax man:
- Saved all receipts from aggressive lobbying efforts
- Purchased TurboTax Corporate Max Edition
- Wrote off bankruptcy of sister company Abstract Electric
- Brought a few hundred million good things to life; claimed them as dependents
- Somehow managed to locate a loophole in the transparent, ironclad U.S. tax code
- Claimed entire NBC prime-time lineup as a loss
- Claimed cash as a spouse, earned marriage tax credit
- God hates us