Japan’s corporate nuclear catastrophe continues

This music video from Britain is Crass- Contaminational Power. Lyrics are here.

There is mounting evidence that the stricken Fukushima Daiichi nuclear power plant is emitting radioactivity more widely and at more toxic levels than acknowledged by the Japanese government: here.

About General Electric, the United States corporation which designed the Fukushima Daiichi nuclear power plant, from the New York Times in the USA:

GE’s Strategies Let It Avoid Taxes Altogether

Thursday 24 March 2011

by: David Kocieniewski, The New York Times News Service | Report

General Electric, the nation’s largest corporation, had a very good year in 2010.

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.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.

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.

Its extraordinary success is based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore. G.E.’s giant tax department, led by a bow-tied former Treasury official named John Samuels, is often referred to as the world’s best tax law firm.

Top 10 giant U.S. corporations avoiding federal taxes: here.

Britain: Generel Electric (GE) workers condemned the transnational firm’s decision today to close its final-salary pension scheme to new entrants.

3 thoughts on “Japan’s corporate nuclear catastrophe continues

  1. Pingback: Japanese nuclear disaster and Australian corporations | Dear Kitty. Some blog

  2. Pingback: Japanese demonstration against war, nuclear disaster | Dear Kitty. Some blog

  3. Pingback: Japanese workers protest against Fukushima radiation danger | Dear Kitty. Some blog

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