Hi y'all - I forced myself to sit through most of the debate last
night. Did anyone notice the great gaff made by McCain and not pounced
on by Obama? I'll explain.
Early in the debate on the bailout, McCain made the point that US
businesses are taxed at 35% while Irish businesses are only taxed at
11% which creates more jobs and a booming economy. In rebuttal, Obama
responded that there are many loopholes in the US tax system which
means that US businesses in fact pay little tax.
Had they both been politically current this info was
available....................:
http://www.guardian.co.uk/world/2008/sep/26/ireland.globaleconomy
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