What Senator Kerry is pointing out is that the corporate tax rate is 35% and the effective rate that corporations are paying is sometimes as low as 17.2%
Bush Policies Drive Surge in Corporate Tax Freeloading 82 Big U.S. Corporations Paid No Tax in One or More Bush Years In case you need a refresher on the Bush Corporate Tax Policies I know I did. Oh and John McCain distancing himself from President Bush, looks like Senator Lindsey Graham didn't get the memo.
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