Doesnt Ge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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, it's completely phony. ge didn't receive a tax refund from the irs and didn't donate billions back to the government. there was an article written before it was retrakcted. the ap admits they didn't 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 $14 billion. $5 billion of that in the united states. >> i pay my taxes, why doesn't

Ge has been taking a lot of heat lately because it doesn't owe any taxes on its $5 billion of u.s. profits last year. and there's 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 didn't 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 doesn't -- i pay my taxes. why doesn't ge? that's where the impulse came to do this prank. it doesn't just come from...

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 doesn't ge? that's where the impulse came to this prank. it does not -- not just come from us. every man in the street feels this in their gut there is something very wrong here. >> in a statement ge did not respo...

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 doesn't 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 tony's to pay up. ♪