Pundits don’t just disagree about what tax rates should be; they also disagree about how high they actually are. On Fox News’s The Five, hosts Bob Beckel and Eric Bolling came down on either side while discussing how the economy has fared under President Barack Obama.
America has "the most number of deductions available to corporations," Beckel said. "They pay lower taxes than a lot of European countries do, and under Obama, I have not seen corporate taxes go up all that much." "Just to fact-check you a little bit," responded Bolling, "we have the highest corporate tax rate in the free world."
snip
Our ruling -- Mostly True
Bolling said the United States has "the highest corporate tax rate in the free world." He was referring to the statutory rate, meaning the rate before deductions. On that score, he’s right: The United States does have the highest statutory rate among developed countries. However, the United States’ corporate tax rate doesn’t appear to be the highest once deductions and other exclusions are taken into account. So Bolling is correct by one valid definition. Because his statement is accurate but needs clarification or additional information, we rate his claim Mostly True.
** Rich Lowry, Nov 30, 2014 on “Meet the Press” Sunday, National Review editor
Stop trying to make the Ferguson protests something they weren’t. And, just as importantly, stop trying to make Michael Brown, the man shot to death during a fight with police Office Darren Wilson in August, something he wasn’t.
“If you look at the most credible evidence, the lessons are really basic ... don’t rob a convenience store. Don’t fight with a policeman when he stops you and try to take his gun. And when he yells at you to stop, just stop.”
Uh....who gives a shit what the Commie Pinkos at Politifact has to say on anything?
ZitatNow comes a study from the George Mason University Center for Media and Public Affairs that demonstrates empirically that PolitiFact.org, one of the nation's leading "fact checkers," finds that Republicans are dishonest in their claims three times as often as Democrats. "PolitiFact.com has rated Republican claims as false three times as often as Democratic claims during President Obama's second term," the Center said in a release, "despite controversies over Obama administration statements on Benghazi, the IRS and the AP."
Quote: ThirstyMan wrote in post #1Pundits don’t just disagree about what tax rates should be; they also disagree about how high they actually are. On Fox News’s The Five, hosts Bob Beckel and Eric Bolling came down on either side while discussing how the economy has fared under President Barack Obama.
America has "the most number of deductions available to corporations," Beckel said. "They pay lower taxes than a lot of European countries do, and under Obama, I have not seen corporate taxes go up all that much." "Just to fact-check you a little bit," responded Bolling, "we have the highest corporate tax rate in the free world."
snip
Our ruling -- Mostly True
Bolling said the United States has "the highest corporate tax rate in the free world." He was referring to the statutory rate, meaning the rate before deductions. On that score, he’s right: The United States does have the highest statutory rate among developed countries. However, the United States’ corporate tax rate doesn’t appear to be the highest once deductions and other exclusions are taken into account. So Bolling is correct by one valid definition. Because his statement is accurate but needs clarification or additional information, we rate his claim Mostly True.
Politico is correct in that the tax rates very different from the actual taxes paid by corporations. What they neglected to say is that the loopholes tend to favor large, global corporate and penalize small, non-global corporations.
and global corporates can hide their money offshore
** Rich Lowry, Nov 30, 2014 on “Meet the Press” Sunday, National Review editor
Stop trying to make the Ferguson protests something they weren’t. And, just as importantly, stop trying to make Michael Brown, the man shot to death during a fight with police Office Darren Wilson in August, something he wasn’t.
“If you look at the most credible evidence, the lessons are really basic ... don’t rob a convenience store. Don’t fight with a policeman when he stops you and try to take his gun. And when he yells at you to stop, just stop.”