Last week, the New York Times reported that, despite making $14.2 billion in profits, General Electric, the largest corporation in the United States, paid zero U.S. taxes in 2010 and actually received tax credits of $3.2 billion dollars. The article noted that GE’s tax avoidance team is comprised of “former officials not just from the Treasury, but also from the I.R.S. and virtually all the tax-writing committees in Congress.”
After not paying any taxes and making huge profits, ThinkProgress has learned that General Electric is expected to ask its nearly 15,000 unionized employees in the United States to make major concessions.
Special Interest Glance
A former U.S. State Department spokesman said Monday he does not regret criticizing the treatment of Army Pvt.
A third man has filed a civil lawsuit charging officials from the Archdiocese of Philadelphia covered up sexual assault allegations against a priest who molested him. The lawsuit filed Wednesday in the city's Court of Common Pleas says the man was assaulted as a boy by a priest from St. Francis Xavier parish and Roman Catholic High School in Philadelphia.
Police from around the world say they have broken up the largest internet paedophile ring yet discovered. Rob Wainwright, head of Europol, the European Police Agency, said the abuse network had 70,000 members and links to 30 countries.





























