Liberals Press Obama to Dump GE CEO From Economic Panel
Legal News Feed
Jeffrey Immelt, the head of GE, is facing backlash from left-leaning groups who say that he shouldn’t be on the White House Jobs Council or any other panel in light of reports that the company last year made $14.2 billion in profit, paid zero in corporate federal taxes and actually received a $3.2 billion tax benefit.
GE disputes that claim and says it did pay all kinds of taxes last year, though notably, not federal taxes. But it also claims that it didn’t pay because it took hits for investment and other spending that is exactly what the tax code allows and is encouraged to help job creation.
Whatever the case, the optics are bad news for GE, which is facing increasing anger from the likes of former Wisconsin Sen. Feingold, MoveOn and even Jon Stewart.
In January, Obama named Immelt to head his new Council on Jobs and Competitiveness as part of an effort to improve the White House's strained relationship with the business community. Now Obama's relationship with liberals is on the rocks.
Related listings
-
NH, RI, NJ Buck Trend, Propose Cigarette Tax Cut
Legal News Feed 03/18/2011Bucking a national trend of raising cigarette taxes, New Hampshire, New Jersey and Rhode Island have considered reducing theirs, hoping to draw smokers from other states and increase revenue.Supporters argue reducing the tax by a dime would make New ...
-
Blagojevich Asks Judge to Cancel Retrial
Legal News Feed 03/09/2011The impeached former governor of Illinois, Rod Blagojevich, asked a judge on Wednesday to cancel his retrial and promptly sentence him on the sole conviction from his first trial, arguing that money woes prevent him from mounting an ample defense.A f...
-
Memories of 1995 haunt GOP as shutdown talk grows
Legal News Feed 02/21/2011Few memories haunt Republicans more deeply than the 1995-96 partial shutdown of the federal government, which helped President Bill Clinton reverse his falling fortunes and recast House Republicans as stubborn partisans, not savvy insurgents.Now, as ...
Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.