This past month, there was much outrage over the fact that General Electric, despite making $14.2 billion in profits, paid zero U.S. taxes in 2010. General Electric actually received tax credits of $3.2 billion from American taxpayers. At the same time that General Electric was not paying taxes, many undocumented immigrants, who are typically accused of taking advantage of the system while not contributing to it by many on the right, paid $11.2 billion in taxes. A new studyby the Institute for Taxation and Economic Policy shows that undocumented immigrants paid $8.4 billion in sales taxes, $1.6 billion in property taxes, and $1.2 billion in personal income taxes last year. The study also estimates that nearly half of all undocumented immigrants pay income taxes.
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christopheralain reblogged this from basednkrumah and added:
Did GE really pay no taxes?!
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patriciadelcarmen reblogged this from grrlpower and added:
In yo’ face.
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freethetrees reblogged this from socialuprooting and added:
this is so infuriating..
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evilroda reblogged this from reagan-was-a-horrible-president and added:
Chew on that, conservatives!
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