GE HEAD CALLS FOR LOWER CORP TAXES; BUT GE PAID ZERO!
Fri Oct 07 2011 14:17:58 ET

The corporate titan President Obama picked to help create millions of new jobs thinks lowering corporate taxes and eliminating all tax loopholes for U.S. companies will put more Americans to work. General Electric Chairman Jeff Immelt sits down with Lesley Stahl to discuss the creation of jobs, the U.S. business climate and his own company, General Electric, in a 60 MINUTES segment to be broadcast Sunday, Oct. 9 (7:00-8:00 PM, ET/PT) on the CBS Television Network.

But GE paid NO TAXES on $5 billion in profits last year!