This next story will outrage you

——–UPDATE———

Boeing says the numbers in the study are off. In a statement, the company said “the report attempts to present the accounting value known as tax expense as the actual amount of federal income tax paid to the government by a company in a given year. In doing so, it misstates by a factor of more than 20 the amount of federal income tax Boeing paid in cash in 2010.”

Read the full story from 97.3 KIRO FM’s Chris Sullivan

——-Dave’s Commentary——

Listen to Dave’s commentary: This next story will outrage you

A report from a liberal-leaning think tank, the Institute for Policy Studies, will make you want to open a window and just start yelling.

It looked at large corporations like Boeing, General Electric, Verizon, some of the same companies who have argued that the US corporate tax rate of 35 percent is way too high, and concludes that 25 of those corporations can’t possibly be as upset about taxes as they say they are because: they pay MORE to ONE EMPLOYEE, their CEO, than they pay to the government.

“Among the corporations where their CEOs are doing huge tax dodging, their average pay was $16.7 million.”

Chuck Collins, who helped write the study, says GE, which paid it’s CEO $15 million last year, actually got a $3.3 billion federal REFUND.

“What they’re doing is they’re being rewarded for aggressively dodging taxes.”

But is that a BAD thing?

Before you run to the window and start yelling, remember: We have been told by some very smart politicians that the way to bring the jobs back is to give companies tax breaks.

Well, this study shows Congress has done exactly that!

The tax breaks are flowing faster than a river in Vermont.

Which can only mean one thing. Stand back America — here come the jobs…

I said HERE COME THE JOBS………………..

Seriously, we’ll take anything. You could hire us to help with your cricket infestation.