Monday, February 24, 2014

Tax and Spend

Ohio still has a socialist economic development bureaucracy in addition to the fascist JobsOhio.

Boeing has a negative tax rate.
"As Scott Klinger at CFC points out, “Over the last six years, Boeing has reported $26.4 billion in pre-tax profits to its shareholders, while claiming a total of $105 million in refunds from the IRS [for] an effective tax rate of -0.4 percent.”"
It's good to be in bed with the king.

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