According to a report in this morning's Washington Post, some companies pay more to their top executives than they do in taxes. So, the next time you hear someone bemoan the high corporate tax rate, remember that it is highly unlikely the corporation is paying that rate. In fact, the well-paid CEOs are probably paying a lower rate than you dear reader.
If the Obama administration's communications team can't use studies like this - or the fact that GE paid no taxes and the hedge fund managers do not pay income tax at normal rates - to whip up a little economic populism from the left, they need to be fired.
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