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Leo W. Gerard: Bait and Switch, CEO Style


Stashed in: Economics!, Politics!

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"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.

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