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Wednesday, December 29, 2010

The Truth About Effective Tax Rates

Dec 29th, 2010

Blogger Raymond Medeiros Jr. has a very good post at his site, Defending America's Promise, detailing 30 years of Republican lies regarding the actual tax burden faced by American corporations:

"The lie that we hear every single election year is, the corporations are paying too much in taxes, that's why the middle class is hurting and that is why our factories are closing.  The liberals raised taxes to much on the businesses and they went off to greener pastures. Again that is the LIE they have sold us.  Look at this picture and read this World Bank article."

Mr. Medeiros also provided this very informative graphic. Please check out his other work.

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