GE Tax Refund gift to offset Federal Debt – Hoax.. what? you thought G.E. would help America?

You really though General Electric gave their tax refund back to the United States Government to pay their fair share and off set the national debt?  Yeah and I bet you believed the hacker who said Politisite was bought by the Huffington Post for 3.4 Million dollars.  Both won’t be happening

General Electric Co, embroiled in controversy over its low 2010 U.S. tax bill, was the target of a bogus press release claiming that it would donate billions of dollars to the federal government.

The official-looking release, complete with the GE logo and slogan “imagination at work”, said that GE would send its $3.2 billion tax refund from 2010 back to Washington.

The Yes Men, an activist group known for issuing hoax statements claiming major attitude changes in corporate America, said it sent the release in an e-mail to media outlets on Wednesday.

“It’s a hoax and GE did not receive a refund,” said Deirdre Latour, a spokeswoman for the largest U.S. conglomerate.

The spoof came amid an ongoing battle in Washington between President Barack Obama’s Democratic party and the Republican-controlled House of Representatives over how to cut the nation’s budget deficit.

GE shares slipped after at least two news organizations, the Associated Press and Dow Jones, reported the hoax as fact.

 

via Reuters.

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Politisite delivers the latest Breaking Political News, Debate Coverage, Election Results, Commentary and Analysis. We provide in-depth news with special reports and interactive political coverage. Politisite was a pioneer in internet political news gathering and dissemination. Politisite came live in early 1998 and become the first internet only news source to cover local, state, and national political campaigns, debates and elections. Before there were the terms Blog, Blogger, New Media, or Crowd-sourcing, Politisite was developing what has become the standard in political news coverage, long before most political sites were even conceived. The Name ‘Politisite” simply means Political Website.

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