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For the last goddamned time. The United States of America does not impose a 35% tax on businesses.

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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:21 AM
Original message
For the last goddamned time. The United States of America does not impose a 35% tax on businesses.
It is far more complicated than that.

Why is McCain allowed to continue this falsehood?
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:22 AM
Response to Original message
1. Same reason he's allowed to continue the lie about a mandate on Obama's health care plan.
Because he's a lying liar from Liarstan.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 01:30 AM
Response to Reply #1
11. But, this is something that is so easily able to be proven false.
:shrug:
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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:22 AM
Response to Original message
2. Just like they can get away with saying Dems tax and spend...
It's bullshit, but they continue to get away with it.
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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:22 AM
Response to Original message
3. Didn't Obama point out in the last debate the difference between the theoretical
tax rate and the actual tax rate after all the exemptions, deductions and special credits?
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:30 AM
Response to Reply #3
7. Did he?
I really don't think so.

The only corporations that pay a fixed 35% are "Personal Services Corporations."

Like Doctors and Dentists who choose to organize that way.
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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:23 AM
Response to Original message
4. If Obama tried to refute every lie that McCain put out tonight
we wouldn't have heard anything else. Obama had to pick his battles.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:26 AM
Response to Reply #4
5. I know. But it is a big lie that is so obviously false. nt
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mrcheerful Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:29 AM
Response to Original message
6. Because most americans thinks everyone pays income tax
very few understand the tax codes and even fewer research taxes. Remember many out there buy into the higher taxing democrats BS, they don't understand that when federal taxes are down state taxes increase so anything they gain from the feds gets taken by the state when the feds cut the states federal dollars on education, schools health etc etc etc. The american public are really uninformed on how taxes and government works. Think about how they think the rich got rich through hard work, why? Because they work hard just to get by, so if life is that hard for them then surely the rich had to work even harder.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:33 AM
Response to Reply #6
8. Because of the easy accounting shift from the Medicare and Social Security Funds,
Even people that get their FWH income taxes refunded pay "income taxes."

They have been raiding the funds that the 1.45% Medicare and 6.2% Social Security taxes fulfill.
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russ1943 Donating Member (405 posts) Send PM | Profile | Ignore Thu Oct-16-08 12:54 AM
Response to Original message
9. very few corporations pay federal corporate taxes
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 12:58 AM
Response to Reply #9
10. Carry-back and Carry-forward rules allow this.
But John FREAKING McCain says that businesses in the USA pay 35% tax!
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