Monday, November 20, 2017

General Electric Posted a US Federal Income Tax Rate Paid of a Negative (2.3%) in the Most Recent Five Years, 37.3% Below the Statutory US Federal Income Tax Rate of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0%

Based on a review of their audited annual income tax footnotes filed with the SEC, below is the US Federal Income Tax Paid (Refund Received) along with the related US Pretax Income (Loss) for each of the most recent five years of the Giant Consolidated General Electric Co:















Total Total
















5 Years 5 Years 5 Years

2016 2016
2015 2015
2014 2014
2013 2013
2012 2012
2012-16 2012-16 2012-16

US US
US US
US US
US US
US US
US US Effective

Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax US Tax

Paid Income
Paid Income
Paid Income
Paid Income
Paid Income
Paid Income Rate Paid

mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s



















General Electric   (2,646)       2,145
    1,549      (309)
     (122)     3,176
         85     6,099
       685       8,309
     (449)     19,420 -2.3%