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November 16, 2010

Douthat lies about corporate income taxes

Technically, it's a half-truth to claim, as the Rosster does, that:
(T)he private sector has to labor under one of the higher corporate tax rates in the developed West.

True that our marginal rates are that high, but when the S-corporations, LLPs, LLCs, etc., all the way up to the Koch brothers, pay little to no corporate taxes year after year, not telling the American public that our effective rate on corporate income taxes is pretty much the lowest in the developed West -- especially when you should and do (I assume) know better -- is an outright lie.

Beyond that, the rest of the column is, unsurprisingly, a largely uncritical acceptance of Obama's Catfood Commission. No surprise that Douthat was one of the conservative columnists invited to dinner with Obama two years ago.

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