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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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  -"Second highest corporate tax rate in the world" annabanana  Jun-10-08 02:47 PM   #0 
  - Taxes are bad for business  Hydra   Jun-10-08 02:50 PM   #1 
  - There shouldn't be a corporate tax.  originalpckelly   Jun-10-08 02:52 PM   #2 
  - If you dont want it to come out of the poor guys paycheck.  zonmoy   Jun-10-08 02:57 PM   #3 
  - tax business not workers  klyon   Jun-10-08 03:22 PM   #9 
  - How Do You Figure? n/t  MannyGoldstein   Jun-10-08 03:08 PM   #7 
  - Straight from the AEI. Of course, they're not telling you that 60% of all US companies pay NO taxes.  sinkingfeeling   Jun-10-08 03:01 PM   #4 
  - Yup, high rate  Zodiak Ironfist   Jun-10-08 03:34 PM   #11 
  - Thank you for the sources..  Lifetimedem   Jun-10-08 03:07 PM   #5 
  - Back In The 50s And 60s, Corporate Taxes Were Much Higher  MannyGoldstein   Jun-10-08 03:08 PM   #6 
  - Oh gee I'm sorry my friend  underpants   Jun-10-08 03:08 PM   #8 
  - There's a big difference between "effective" and "marginal" rates  seasat   Jun-10-08 03:31 PM   #10 
 

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