Toomey Misstates the U.S. Corporate Income Tax Rate

Toomey Misstates the U.S. Corporate Income Tax Rate

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News & Politics

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• tooooomey

[Sevenfold120]

Even with these tax rates Toomey you claim are necessary to keep businesses here didnt prevent GE from investing billions in China recently.

[Jack194343]

So we have a Republican lying to the public, so what else is new?

[LogicalFlawDetector]

Number one, the corporate income tax is paid by labor in the form of lower wages and consumers in the form of higher prices. Number two, the billions of dollars spent in China by GE will eventually find their way as demand for American goods, increasing employment in export industries. It's international trade theory, not politics.

[danhaney58]

When I asked him the question, and he didn't know that I paid Federal Taxes on unemployment, I knew nothing else he would say would be correct. And they are NOT even his #'s. So much for fact checking Senator. You need to get a clue before you speak. You make sahar & Michelle look Smart.

[visualgirlPA]

Toomey obviously has no clue. The PA bozos voted this tea bag fool into office. EVERYONE pays income tax on unemployment benefits! Don't even get me started on the phony corporate tax rate bullshit he and his cronies try to sell.

[ShinjukuHH]

The corporate tax rate of 35% is just the sticker - nobody is paying sticker!

[Jack194343]

Actually the rate that most corporations pay is 17%. The ceiling on Corporations is 35%, but it would be difficult to find any corps that pay that. 35% is a number created to throw at the American public to keep them deluded by how much they are really being ripped-off. Many corporations pay nothing and then collect millions of dollars in subsidies. So they pay nothing,and then collect give-away money from the working class. Beautiful!

[exsinor]

Another corporate pawn.

[dogstar7]

"These are not my numbers, these are David Walker's numbers..."

David Walker, founder Comeback America Initiative