Thursday, September 23

OUCH.


Astounding facts heard on Lou Dobbs just now:

- Corporate income taxes dropped 17% under George W. Bush.

- 82 major American companies paid NO TAXES for at least one year under Dubya.

- Corporation taxes now account for only 6% of American tax receipts.

- The CEO of Cisco Systems is investing heavily in China ($32 million in Shanghai alone), projecting that it will become "the information technology capital of the world." Cisco is training tens of thousands of Chinese students for jobs.

- Americans buy more than $150 million more Chinese products than they buy of ours.

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