Add comment on:Large Corporations Getting Away without Paying Taxes? San Mateo Activists To Show How Wrong It Is
Groups calling for the end of tax breaks for large corporations were thrilled to hear that anti-corporate activists the Yes Men pulled off another amazing hoax, this time on General Electric. Both Associated Press and USA Today fell for it. In the period the hoax was believed, GE's stock plunged by .6%, then quickly recovered as soon as it became apparent the press had been duped. In San Mateo, California, a group called Take Back Democracy explained how big companies like GE get away without paying taxes. The San Mateo County residents plan their own actions this week.
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