Mr. H.
Diamond Member
Especially when you have a POTUS in your corner that revels in the inner workings of a Communist State as China which he adores...And they too buy what they do keep it "over there" rather than where it should be as long as they are in cahoots with the arbitor of the problem...and that would BE the government, and taxation policies that keep them in thier present state.
It is pretty obvious that GE has intentionally positioned itself worldwide for the purpose of offsetting profits in order to reduce their overall tax liability.
But again, they're playing by the rules. And the rules aka the tax code, along with various policies, will be dificult to adjust in one fell swoop.
November, 2012.
Patience, grasshopper.