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Don't you mean Taxes, Lies and Heinz

 

Imagine my surprise when I discovered that Senator Kerry's campaign cites me -- "conservative economist Kevin Hassett" -- as an "expert" in support of its plan to change the U.S. corporate tax code. Had the Democratic presidential candidate immersed himself in my often tedious writings on corporate taxation and seen the light? About time!

 

 

Alas, it was not to be. Kerry doesn't get it. In fact, his proposal makes a bad system even worse for most U.S. multinational corporations. But the story does not end there. He also shamelessly included a loophole that is designed to give billions of dollars in tax breaks to the few companies -- including HJ Heinz Co. (as in Teresa Heinz, his wife) -- that are organized in a particular way

 

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Posted
Don't you mean Taxes, Lies and Heinz

 

Imagine my surprise when I discovered that Senator Kerry's campaign cites me -- "conservative economist Kevin Hassett" -- as an "expert" in support of its plan to change the U.S. corporate tax code. Had the Democratic presidential candidate immersed himself in my often tedious writings on corporate taxation and seen the light? About time!

 

 

Alas, it was not to be. Kerry doesn't get it. In fact, his proposal makes a bad system even worse for most U.S. multinational corporations. But the story does not end there. He also shamelessly included a loophole that is designed to give billions of dollars in tax breaks to the few companies -- including HJ Heinz Co. (as in Teresa Heinz, his wife) -- that are organized in a particular way

 

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a. WAAAAAA!!! The multinational corporations aren't already slurping enough gravy out of the trough! John Kerry is mean with taxes! cry.gif

 

b. OK, tax breaks numbering in the billions to any company are lame. Too-shay, Republicrap-head.

 

c. However, if this guy thinks that would be anything but a drop in the BushCo. bucket of pork-barrel scandalry, his head's up his ass with his scientific calculator. Oooohhhh!!! shocked.gif

Posted

OK, it is absolutely unbelievable that this guy is getting super bitchy about the taxes that US corporations have to pay, despite the fact that they are able to make shitheaps of money by engaging in unscrupulous labor practices in dirt-poor countries, and paying their executives astronomical rates while the rest of the employees get dick. But oh, no, it's a colossal injustice that a company should pay "high" taxes.

 

Well, you know what we say about that.

 

FUCK THAT. How about we stop pretending that multi-million or -billion dollar corporations are some kind of piteous victims suffering some huge injustice every time they lose a couple bucks? School funding, anyone? Unaccounted-for sums of money poured into defense contractors' pockets? Fucking open-ended, no-bid, cost-plus contracts for KBR? Hello? Hello?

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