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Watchwoman on the Wall
General Electric Paid No Federal Taxes in 2010 on $14 Billion Income
By
Donna Calvin
By JAKE TAPPER (@jaketapper) THE WHITE HOUSE, March 25, 2011 The top tax bracket for U.S. corporations stands at 35 percent, one of the highest rates in the world. So how is it possible that a giant of American business, General Electric, paid nothing in federal taxes last year, even as it made billions in profit? And…
Federally mandated bulbs cost $50 dollars each
By
Donna Calvin
Two leading makers of lighting products are showcasing LED bulbs that are bright enough to replace energy-guzzling 100-watt light bulbs set to disappear from stores in January.Their demonstrations at the LightFair trade show in Philadelphia this week mean that brighter LED bulbs will likely go on sale next year, but after a government ban takes…
Obama says ‘Drill, baby, drill.’
By
Donna Calvin
Will new oil policy ease gas prices? By Mark Trumbull President Obama used his weekly address to announce steps designed to promote greater domestic oil production and reduce the burden of high gas prices on American consumers. Continue Reading Click Here WHAT’S YOUR OPINION!!! PLEASE LEAVE YOUR COMMENTS BELOW!!! Do you think…
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