GE paid no taxes again! In fact, G.E. claimed a tax benefit of $3.2 billion.

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

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.

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