All posts tagged "Corporate Tax Rate"

General Electric, one of the largest and most profitable corporations in the world, isn't immune to criticism, and on Thursday some of their most vocal critics -- their shareholders -- gathered in the lobby of the company's Boston offices to elaborate on their frustrations through song and dance.

U.S. corporation General Electric (GE) paid just 2.3 percent in federal taxes over the last 10 years, even as it reaped more than $81 billion in profits over that same period, according to an analysis of the company's most recent tax filings.

Billionaire investor Warren Buffett says that it's a "myth" that high taxes are "strangling" U.S. corporations.