GE slapped up $0.35 vs consensus of $0.32
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Can you imagine if they were paying taxes?
I wonder if there’s a way inefficient multinationals could have negative tax rate. You know. To help them have a bit more liquid in order to create jobs. More jobs! Even oversea jobs. All good.
the irs would have to gift them forward depreciation or some sort of credit i guess…
jobs are not being created for two reasons;
well 3;
fear, lack of liquidity, and uncertainty about mostly U.S. consumption…..