Tuesday, May 31, 2011

GOP Zombie Lie #44172: US Corporate Taxes are Crushing Companies

Yes, you know in advance if the GOP are pushing it, it must be a lie. And a big lie at that.  So many GOPers complain that the US corporate tax rate is too high.  Really?  Too high?
Revenue Statistics of O.E.C.D. Member Countries, 2010

US Companies pay effective tax rates of 1.8% of GPD, right up there with Turkey.  Ignoring the effective tax rate and constantly referring to the statutory rate is simply lying about taxes.  But what more can we expect from the Party of Zombie Psychopathy?

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