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Who Benefits From Corporate Tax Cut?

In advocating for a corporate tax cut, Treasury Secretary Steve Mnuchin overstates the consensus when he says “most economists believe that over 70 percent of corporate taxes are paid for by the workers.”

Border Adjustment Baloney

The anti-tax Club for Growth claims in a TV ad that a key Republican tax proposal “will” cost “middle-class families” $1,700 in higher prices. That’s baloney.

Sanders’ Corporate Tax Comparison

Sen. Bernie Sanders frequently says corporate income tax receipts have dropped from more than 30 percent of federal revenue in the 1950s to only 11 percent in 2015, leaving the impression that favorable tax policies are the reason. But there are several factors behind that drop.

Christie’s Tax Dodge

Chris Christie repeatedly has said that U.S. corporations are taxed twice on income earned abroad, claiming in one speech that IRS officials “don’t recognize the tax that you paid to a foreign country.” That’s false.

Outside Attacks in Massachusetts

New ads from outside Democratic groups attacking Massachusetts Senate candidate Gabriel Gomez distort his positions on Social Security and taxes.

Taxing the Truth in Nevada

Truth and context are taking a beating in a special election in Nevada to fill a vacant House seat. Both sides are adding some new twists to familiar talking points — and giving voters a peek at campaign …

World’s Nicest Nightmare

On MSNBC Wednesday morning, senior McCain advisor Nicolle Wallace said that John McCain won’t cut taxes for corporations, and that in fact he is “their worst nightmare.”

The quote is at about 5:10 in the above video, but if you rewind a bit, you’ll see host Joe Scarborough grilling Obama strategist Robert Gibbs on why Obama’s not proposing corporate tax cuts. Scarborough points out that other countries are reducing taxes on corporations and says that equivalent tax cuts are necessary to keep the U.S.

Fred’s Facts Check Out; Rudy’s Don’t

Former Sen. Fred Thompson got the facts straight for his GOP debate debut Oct. 9. But former Mayor Rudy Giuliani added to a lengthening string of exaggerations and misstatements: