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 ...
Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.