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Posts Tagged ‘tax rate’

The Corporation

A caller to Washington Journal’s C-SPAN confronted a Heritage Foundation spokesman on the 35% U.S. corporate tax rate (starting at 18:00).

She asked him to name a single corporation that effectively pays that rate.

The spokesman admitted that the actual effective tax rate that is paid by most corporations is around 18%, or about half that of the top rate before any deductions.

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If you heard a Marxist, would you know it?

Meet Ted Rall, cartoonist and author of the new book,¬†The Anti-American Manifesto, who was recently interviewed on Culture Shocks.¬†Despite the host saying that Rall’s book isn’t really anti-American, Rall’s statements show otherwise.

At the end of the first segment, he called for a minimum wage equal to a maximum wage.

I think there should be a minimum wage and a maximum wage, and they should both be the same number.

That is, one of the two main components added to socialism that make it communism — equal pay for all. The other component is the abolition of private property.

He also called for a 100% marginal tax rate. That is, 100% of your income over a certain amount would be fully taxed. He clearly shows no understanding of human nature, in that very few would want to work very much beyond the point that all monetary compensation for their efforts is for others.

In the second segment, he called King George III a “liberal reformer,” despite the Declaration of Independence pointing out his many misdeeds.

He said, “I think that the Constitution needs to be swept aside as well,” and;

It’s not to say that I wouldn’t like to see a lot of elements from it in a new government,” whereupon he cited freedom of the press and the Second Amendment. Though, in his case, I’m fairly certain his interpretation of it excludes an individual right to keep and bear arms.

In the third segment, he said the Detroit automakers shouldn’t be allowed to make a car that isn’t a hybrid. That’s socialism — the control of the means of production and distribution.

You have to listen to his tone of voice to hear his combination of intense frustration, and, dedication to his cause.

Yes, there really are Marxists in America, and Ted Rall is one of them, and a bold one at that.

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