Sign up FAST! Login

Leo W. Gerard: Bait and Switch, CEO Style

Stashed in: Economics!, Politics!

To save this post, select a stash from drop-down menu or type in a new one:

"These are companies whose lobbyists whine and cry to Congress that the nation's 35 percent top corporate tax rate is just too terribly high. Among those singing that sad song is Procter & Gamble, which the Washington Post found pays 15 percent. P&G, the world's largest manufacturer of consumer products, insisted in a statement last year that the United States must "reduce the corporate tax rate."

Right, so then Procter & Gamble would pay a smaller percentage than a blue collar worker."'

It's funny to think of a company whining.

You May Also Like: