I‘m not exercised about GE’s $0 federal income tax bill for last year like many are. I think all corporations should pay $0 income tax. The real problem, as I blogged last week, is the complex tax code and high tax rates that make it profitable for GE to hire 900 people to try to minimize taxes. Those 900 people add no value to our society. It wouldn’t be too different if GE was paying 900 people to do Soduko puzzles all day because government policy made that profitable.