Here is a screenshot of his LinkedIn profile which provides his work history:
GUESS WHICH COMPANY PAID $0 IN TAXES (ON $14.2 BILLION IN PROFITS)? HINT: ITS CEO WORKS FOR OBAMA
Half of all Americans don’t pay federal taxes on their income. And neither, apparently, does General Electric, the multi-national company that reaped $14.2 billion in profits last year. Though G.E. is the largest corporation in the U.S., it did not have to pay a dime in U.S. taxes, according to the New York Times. In fact, the company claimed $3.2 billion in tax benefits.
“That may be hard to fathom for the millions of American business owners and households now preparing their own returns, but low taxes are nothing new for G.E. The company has been cutting the percentage of its American profits paid to the Internal Revenue Service for years, resulting in a far lower rate than at most multinational companies.
Its extraordinary success is based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore. G.E.’s giant tax department, led by a bow-tied former Treasury official named John Samuels, is often referred to as the world’s best tax law firm. Indeed, the company’s slogan “Imagination at Work” fits this department well. The team includes former officials not just from the Treasury, but also from the I.R.S. and virtually all the tax-writing committees in Congress.”
According to the Times, “one of the most striking advantages of General Electric is its ability to lobby for, win and take advantage of tax breaks.”
These tax breaks are incredibly important to G.E.–so important that G.E.’s head tax man got down on his knees and begged Rep. Charles Rangel to let a particularly lucrative one extend past its expiration date in 2008
Bullshit Alert?: Peter Lanza is scheduled to testify in LIBOR scandal
Echos of the Batman Massacre – James Holmes father a high priest of computer economics at FICO – Allegedly investigating the LIBOR scandal which has indeed faded after the Aurora shootings… GE Capital is onwed by GE – yeah THAT GE that operates outside of the law! Founded by JP Morgan to corner the market in electricity (stolen Tesla patents) – GE is now a media – military industrial complex kingpin! Morgan Stanley has also been implicated in the LIBOR Scandal!
According to Yahoo news, the alleged shooter at the Sandy Hook Elementary School, Adam Lanza, is the son of Vice President of GE Capital, Peter Lanza. Peter Lanza is also a partner at Ernst & Young, and major accounting firm. The older brother, Ryan Lanza, is also reported to be employed at Ernst & Young.
Peter Lanza, who drove to northern New Jersey to talk to police and the FBI, is a vice president at GE Capital and had been a partner at global accounting giant Ernst & Young.
Adam’s older brother Ryan Lanza, 24, has worked at Ernst & Young for four years, apparently following in his father’s footsteps and carving out a solid niche in the tax practice. He too was interviewed by the FBI. Neither he nor his father is under any suspicion.