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Another GOP lie: US corporate taxes too high

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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 12:33 PM
Original message
Another GOP lie: US corporate taxes too high
As usual it is a cherry picked stat that fails to reflect the reality.

http://www.cbo.gov/doc.cfm?index=6902

Overall the playing field is pretty level.
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JohnnyRingo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 12:52 PM
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1. At different times McCain refers to US coporate taxes as "highest"...
...and "second highest".
I think it's like calling whoever's running on the Democratic ticket as "the most liberal" every four years. In another word: bullshit.

How much of a thinker does one have to be to assume that if we cut GMs taxes, they'll hire more workers and build more Avalanches?
How do these shysters sell the notion that supply somehow increases demand for a product?

I guess Barstool Republicans think that buyers are lined up at dealerships everywhere, waiting for the next truckload to arrive full of much needed Blazers that the company can't build because their taxes are too high.

To answer my own question, I saw McCain at a rally here in NE Ohio a couple days ago on TV. The working class Repubs in the crowd were booing the estate tax for those people worth over $2,000,000.
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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 01:31 PM
Response to Reply #1
2. I think we are getting a clue about what happened to the Neanderthal. nt
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:21 PM
Response to Reply #2
3. Classic.
How many more years are we going to be forced to co-exist?
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:32 PM
Response to Original message
4. Our corporate taxes are too low, they need to be at least 30% to prevent speculative bubbles.
Or so says a stock market analyst/amateur economic historian named Michael Alexander who posts on a history board I frequent and is an occasional poster who writes fascinating editorial columns on economics on D-Kos.
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