Over Last 10 Years, General Electric’s Effective Tax Rate Was 2.3 Percent

Over Last 10 Years, General Electric’s Effective Tax Rate Was 2.3 Percent: pThe Obama administration unveiled its corporate tax reform plan last week, which would lower the top rate from 35 percent to 28 percent, billing it as an effort to help make the American corporate tax code more competitive. Republicans have long crowed for corporate tax reform, saying America’s high marginal rate stifles competition, but they [...]/p