Will Corporate Tax Lies Continue Until Seniors Drop Dead Every Day?

[marmar]

from the Working Life blog:



Will Corporate Tax Lies Continue Until Seniors Drop Dead Every Day?
Posted on 25 April 2013.


At what point will shills for corporate greed ever say, “hey, you know, we can’t continue to lie about corporate taxes”. Seriously, will it be when every CEO can each buy a villa on the French Riveria — those that don’t already have one? Will it be when say the death rate for seniors who can’t afford food anymore because Medicare has been cut because of the rampant, mindless budget-cutting mania driven by deficits — deficits partly driven by corporate robbery of the Treasury — reaches say 10,000 people a week? When? Because right now there seems to be no boundary for the lying.

I never get tried of coming back to this topic because the lying is just do endemic. Here is yet another chapter — and our heroes today are Bernie Sanders and the Citizens for Tax Justice. Sanders was on Bill Maher’s show recently, when, as recounted by CTJ, the issue of corporate tax rates came up:

During a debate over spending and revenues, Senator Sanders said it’s time to ask the “one out of four corporations not paying any taxes” to contribute. The Wall Street Journal’s Stephen Moore replied with the standard complaint, “We have the highest corporate tax rate in the world. … Thirty-five percent. The Tax Foundation says the United States of America has the highest corporate tax rate.” Sanders replied that this is the “nominal, not effective” corporate tax rate. The Tax Foundation then issued a written response claiming that even the effective corporate tax rate in the U.S. is very high compared to those of other countries.

I’ve debated Moore in the past and he usually hyperventilates but it’s often a lot of heat and mindless free market rhetoric backed up by ZERO facts. ......................(more)

The complete piece is at: http://www.workinglife.org/2013/04/25/will-corporate-tax-lies-continue-until-seniors-drop-dead-every-day/