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"Second highest corporate tax rate in the world" [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-10-08 02:47 PM
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"Second highest corporate tax rate in the world"
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"second only to Japan, where the economy is stagnating".. This from some McSame campaign spokesthing to Nora ODonnell on msnbc just now . Of course the large-mouthed one didn't ask her to back up this statement, or reference it... and couldn't be expected to know anything about anything, so the statement just went out there...

This sounds like a load of horseshit to me..so I google..and sure enough from smartmoney.com
http://www.smartmoney.com/invisiblehand/index.cfm?story...

It turns out that "broad exemptions and industry-specific perks have turned our tax code into Swiss cheese feeding a regiment of millionaire tax lawyers".

WE are going to hear a lot of this kind of garbage between now &November.
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