Jon Stewart was befuddled last night by a report that General Electric had paid no federal taxes in 2010 despite many commentators' claims that an oppressive corporate tax rate was killing jobs in America.
"But I thought the corporate tax rate had to be lowered?" Stewart asked. "And I'm not sure you can lower it from nothing."
Stewart then noted that GE has at the same time laid off much of its American workforce and shifted its operation overseas.
"I know the Supreme Court ruled that corporations are people," Stewart said. "But what I didn't realize is that those people are assholes."
And who did Obama hire to chair his jobs council because G.E. has so much to teach American business?
That would be G.E. CEO Jeff Immelt - tax dodger and mass outsourcer.
More change we can believe in.
Time to call these companies and their CEO's what they are - tax dodgers and cheats.