http://bigjournalism.com/jpollak/2012/01/24/actually-bob-beckel-botswana-does-have-a-lower-corporate-tax-rate-than-the-u-s/
Actually, Bob Beckel, Botswana Does Have a Lower Corporate Tax Rate than the U.S.
Today, on Fox News Channel’s The Five, liberal panelist Bob Beckel praised President Barack Obama’s efforts at job creation: “One good sign of the economy is there are more manufacturing jobs created in the last two years than the last eight,” he said.
Beckel did acknowledge that American manufacturing was still in a bad state, and lamented that the manufacturing sector “has been bleeding jobs because corporations are going to find cheap labor overseas.”
His conservative colleague, Republican strategist Andrea Tantaros, interjected: “So cut the corporate tax.” Fellow conservative Eric Bolling backed her up–”A hundred percent right, Andrea!”–and added that U.S. corporations pay the highest tax rates in the industrialized world, after Japan recently lowered its rate.
Beckel, on the defensive, retorted: “As much as Botswana?”