Doesnt Ge News Today

Rr >> reporter: it has the look of a perfect release. a logo at the top, and a heading, ge promising to give you a tax refund to offset the costs jobs. only thing, its completely phony. ge didnt receive a tax refund from the irs and didnt donate billions back to the government. there was an article written before it was retrakcted. the ap admits they didnt follow procedure. the guys behind the prank, the yesmen. in this cay, to shine a light on ge for not paying any taxes in 2010 despite making ...

Ge has been taking a lot of heat lately because it doesnt owe any taxes on its $5 billion of u.s. profits last year. and theres also been criticism that ceo jeff immelt has recently been named to head a presidential commission on revving up and reviving the u.s. economy. ge says it didnt pay 2010 taxes because of huge losses from its finance unit. ge capital in the global financial crisis. but one of the yes men says of this hoax, that ge had it coming. >> i pay my taxes. why doesnt -- i pay my ...

Websites before retracted. the ap admits did it not follow its own standards. the guys behind the prank, they call themselves u.s. uncut. activists andrew and justin who work with grassroots group the yes men. in this case to shine a spotlight on ge for not paying any u.s. taxes for 2010. despite making $14 billion. $5 billion of that in the united states. >> i pave pay my taxes. why doesnt ge? thats where the impulse came to this prank. it does not -- not just come from us. every man in the str...

To nudge someone awake is not the answer. >> thank you, andrew, from the institute for liberty. >> coming up, g.e. makes billions a year but they did not pay a dime in federal taxes last year. shocking. zero. if you have to pay them, why doesnt g.e. have to pay them? >> and parents shocked when the kid does not know the pledge of allegiance? why do not more schools say it each day? >> remember when brett michaels smashed into a set piece, he wants the tonys to pay up. ♪