One Beacon Court, home to Mr. and Mrs. Jeffrey Immelt and their new $4 million condo.
Where are they? Where are the protestors and the socialist millionaires who are demanding higher taxes in order to forcibly redistribute wealth in a more equitable fashion? Why aren't the unloved and unwashed camping out on the doorstep of General Electric's CEO, Jeffrey Immelt, and demanding that GE pay their fair share?
From the Weekly Standard:
General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn't pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked.No taxes at all - zip, zilch, zippo, nada, neshto, bupkis, diddly-squat on $14 billion.
The fact that GE paid no taxes in 2010 was widely reported earlier this year, but the size of its tax return first came to light when House budget committee chairman Paul Ryan (R, Wisc.) made the case for corporate tax reform at a recent townhall meeting.
Must be nice to have an entire political party in your back pocket.
"GE was able to utilize all of these various loopholes, all of these various deductions--it's legal," Ryan said. Nine billion dollars of GE's profits came overseas, outside the jurisdiction of U.S. tax law. GE wasn't taxed on $5 billion in U.S. profits because it utilized numerous deductions and tax credits, including tax breaks for investments in low-income housing, green energy, research and development, as well as depreciation of property.Immelt's new adobe is in the Bloomberg Building, owned of course by gadzillionaire NYC Mayor Mike Bloomberg. It is located at 731 Lexington Ave. between 58th and 59th Sts.
Since the Mayor just tossed your asses out of Zuccotti Park, why don't some of you OWS hippies mosey over to Big Mike's digs and say "Howdy You Greedy Capitalist Swine!" to Jeff and the Mrs? Huh?
Here's a map you stinking apes.
"A" is 731 Lexington Ave. and "B" is the Park. Take a hike.
Some of them did take a hike.
Like this one.
Looks like the NYPD is employing some of the more classic modes of crowd control.
I miss those days. Rats, he still has some teeth.