Boston Globe: The expected ripple effect of GE’s move to Boston
media mention“The conglomerate is also known for its skill in finding tax advantages: Critics say it often pays minimal corporate taxes in the states where it does business. “It’s hard to see how taxes could be part of this calculus, since GE has been successful in reducing its state taxes to zero nationwide,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy in Washington. “I think they, in all likelihood, would have picked Boston anyway. They were just going to see if they could get a little extra something for doing it.” At nearly $130 billion a year in revenue, GE ranks eighth on the Fortune 500 and would be far and away the largest publicly traded company based in Massachusetts.”