Americans were outraged when it came to light recently that multinational corporation General Electric paid no taxes for 2010. Here are some of the ways GE avoided the tax man:

  • Saved all receipts from aggressive lobbying efforts
  • Purchased TurboTax Corporate Max Edition
  • Wrote off bankruptcy of sister company Abstract Electric
  • Brought a few hundred million good things to life; claimed them as dependents
  • Somehow managed to locate a loophole in the transparent, ironclad U.S. tax code
  • Claimed entire NBC prime-time lineup as a loss
  • Claimed cash as a spouse, earned marriage tax credit
  • God hates us