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akajut's Archive on Aug 18, 2008

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Politics; Economics

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In other words, there was virtually no news in the study. But that didn't stop the Democrats, and that's what is so disturbing. Democratic politicians misused and misrepresented the results of this modest GAO study to bash America's corporations and call for sweeping ``reforms.'' If they will do so in response to this minor document, one can only conclude that they will do so on the flimsiest of excuses. Leaders of the Democratic Party are so eager to portray American business as villainous that they will twist and distort facts in order justify even more punitive taxes than we already have. The truth is, of course, that we are all in it together. Workers will have better jobs if the U.S. is a more attractive climate for corporations. That means we need to reduce corporate taxes, not increase them. And that is why Washington is so broken. You can't split the difference when one side is so egregiously wrong.

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Bloomberg.com: Opinion

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