Tag Archives: tax breaks

A False Tax Attack

A new Democratic attack ad accuses a Republican House candidate in Hawaii of signing a pledge protecting tax breaks for sending jobs overseas. It could be a prototype of future attack ads against any number of other Republican House members and candidates, most of whom have signed …
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A Little Ditty ‘Bout Taxes and Trade

The Obama-Biden campaign has released a radio ad in Indiana featuring favorite native son John Mellencamp. In the ad, Mellencamp says, “John McCain will keep giving tax breaks to companies shipping American jobs overseas.” Mellencamp is referring to an aspect of the tax code that allows companies to skirt paying …
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2005 Energy Bill Deja Vu

Palin threw out an old canard when she criticized Obama for voting for the 2005 Energy bill, saying, “that’s what gave those oil companies those big tax breaks.” It’s a false attack Clinton used against Obama in the primary and McCain himself has hurled. It’s true that the bill gave …
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Oil and Gas Company Tax Breaks

Q: What kind of tax breaks does the U.S. give to oil companies and to corporations that send jobs overseas? A: Companies with overseas subsidiaries can keep their income untaxed by the IRS if they don’t transfer that revenue back to the U.S. Oil and gas companies received tax breaks …
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Not Working 4 Edwards

Summary A new ad sponsored by a labor union PAC in support of Democratic presidential candidate Edwards implies that the closing of an Iowa Maytag factory and the loss of 1,800 jobs are due to "tax breaks to companies that move jobs offshore." And it says Edwards would end such …
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