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Corporate Givaways Cost us Schools, Public Safety

kceaton1 says...

>> ^NetRunner:

@kceaton1 that link, compared to this one is one of the reasons I kinda hate Politifact. Basically, if people include weasel words in their statement they get rated true, but if they make an absolute declaration they get rated false.
If you want to focus in on corporate income taxes, and then focus even more specifically on the top rate, then yes, our top corporate income tax rate is higher than most. But that doesn't tell you whether the amount of taxes that corporations actually pay is high compared to other countries.
To look at that, you have to compare corporate taxes collected as a share of the economy, and the answer is that our corporations pay less than most. Incidentally, that's the graph Rachel used -- OECD's listing of corporate tax collected as a share of GDP per country, and we had the second lowest in the developed world.



Sorry, I was agreeing with you. That was a quick article that I pulled up. I noticed that it was missing VERY important details right off the bat--some of which I mentioned (not sure why the html linking is funky). I'll make it more clear I guess.

Corporate Givaways Cost us Schools, Public Safety

NetRunner says...

@kceaton1 that link, compared to this one is one of the reasons I kinda hate Politifact. Basically, if people include weasel words in their statement they get rated true, but if they make an absolute declaration they get rated false.

If you want to focus in on corporate income taxes, and then focus even more specifically on the top rate, then yes, our top corporate income tax rate is higher than most. But that doesn't tell you whether the amount of taxes that corporations actually pay is high compared to other countries.

To look at that, you have to compare corporate taxes collected as a share of the economy, and the answer is that our corporations pay less than most. Incidentally, that's the graph Rachel used -- OECD's listing of corporate tax collected as a share of GDP per country, and we had the second lowest in the developed world.

The Daily Show: Tim Pawlenty Unedited Interview

McCain blames deaths and 35W bridge collapse on Palin's pork

dystopianfuturetoday says...

There is an interesting story behind this bridge collapse. It was actually 'fiscal conservatism' that destroyed the bridge, not Palin's pork.

Governor Tim Pawlenty wanted to fund bridge repair by raising the gas tax, but was intimidated out of doing so by anti-tax activist and Republican guru, Grover Norquist. Pawlenty had previously signed on to Grover Norquist's 'no tax pledge', so he would have suffered severe punishment from the party had he decided to be a leader and fund his state's crumbling infrastructure. Grover Norquist is famous for saying that he wants to make government small enough to drown in a bathtub, but I guess he's cool with drowning citizens as well.

Before crossing the bridges of your home town, you might want to check and see if your legislators have signed on to the Norquist pledge. The California Legislature is currently filled with neutered Republican Norquit toadies and they are holding up the budget.

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