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The NY Times recently had an article showing that in 2005 nearly 25% of US-based companies paid no federal income tax. Further, over 8-10 year period nearly half of all companies had at least one year in which they paid no federal income taxes. (What wasn't reported was how many of these companies reported net operating losses in that year, which is an important thing to know when judging these numbers.)

posted 4 years, 7 months ago
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Neither of your guests is being candid and answering the questions (Taylor won't say clearly whether the gov't will buy the mortgage at face value; Obama's guy won't say what exactly Obama proposes to help homeowners, beyond saying that whatever we do should "protect the taxpayer"), which shows why it's next to useless having campaign staffers on your show. You should have gotten reasonably objective academic economists to analyze the Mcain and Obama positions.

Also, I'll second the previous poster's criticism of the "Joe the plumber" anecdote. Greater in-depth analysis is what we need -- sad that it came from a post from a listener rather than obp.

posted 4 years, 7 months ago
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