Fred Thompson:The Corporate Candidate

Published June 8, 2007 in Fred Thompson.

Hollywood actor Fred Thompson thinks that we need to cut the already low taxes of megacorporations.

7 Responses to “Fred Thompson:The Corporate Candidate”

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1 Thad
Jun 8th, 2007 at 5:54 pm

Dude, I hate to go all frothing-at-the-mouth lefty here, but let’s be honest: they’re ALL the corporate candidate.
2 Nimrod Gently
Jun 8th, 2007 at 6:11 pm

Including the Democrats.
3 bill l.
Jun 8th, 2007 at 6:12 pm

At this point, given the fact that 95%+ of corporations pay less than 5% of their income in taxes and 6 in 10 pay no taxes at all (figures courtesy of the GAO), Thompson is either looking to eliminate corporate taxes altogether or have us pay them.
4 Fred Thompson Truth File
Jun 8th, 2007 at 6:13 pm

During his eight years in the Senate, Thompson won his free trade credentials with his votes to extend the president’s fast-track trade promotion authority and to approve permanent trading relations with China. One right-wing critic in a widely circulated internet column called Thompson a “neocon globalist” for his immigration, free trade, and foreign policy positions.
Social conservatives are also likely to question Thompson’s “liberal” voting record on immigration. Although Thompson has recently written and spoken out about the need for strong border control, while in the Senate he voted to increase visas for skilled foreign workers and to increase permits for unskilled foreign farm workers. Overall, Americans for Better Immigration, an anti-immigration lobbying group, gives Thompson a career grade of C for his mixed voting record. Thompson will likely come under withering criticism from anti-immigrant candidate Rep. Tom Tancredo (R-CO), who mixes his social conservatism with a heavy dose of nationalism and anti-corporate populism.
5 Wellstone
Jun 8th, 2007 at 9:25 pm

Thompson is on the fast track to the GOP nomination.

The “best” candidate money can buy.
6 C.S.Strowbridge
Jun 8th, 2007 at 10:21 pm

“Name one - just one - “corporation” that doesn’t behave exactly the same way the government does.

Specifically, when faced with increased costs (for governments, excessive spending, and for corporations, increased taxes) each of them does the same thing…pass the costs on to the customer.”

Uhh… all of them.

I’ve taken economics, if you raise the cost of making an item by $10, the cost to consumers won’t go up by $10. Corporations absorb some of the cost increase to avoid alienating costumers.

Besides, if corporations paid more, consumers wouldn’t have to and it would balance out. In fact, it would help the economy a lot since the tax burden would be switched from workers / consumers to corporations / investors.
7 OxyCon
Jun 8th, 2007 at 10:52 pm

Corporations aren’t loyal to America. They just use our country up like a cheap prostitute, then move on to the next one (see Halliburton).
Since America is the country with the greatest amount of consumers, I think all corporations should have to pay the same rate of tax as the citizens of this country, just for the privilege of being able to do business in our coutry.
You don’t want to pay your fair share of taxes, then sell your sh*t over in some third world nation where the annual salary is $300 bucks.