On Friday, Wall Street Journal columnist, and notable dumb person, Stephen Moore, graced the panel on Bill Maher's Real Time. Towards the end of the show, he got into an exchange with Maher and co-panelist, Sen. Bernie Sanders about corporate tax rates:
Sanders: One out of four corporations of America are not paying any taxes.
Moore: We have the highest corporate tax rate in the world, senator.
Sanders: No, we do not.
Moore: Yes we do. 35%. The Tax Foundation says the United States has the highest corporate tax rate.
Sanders: And who funds the Tax Foundation?
Maher: Whoa, whoa, whoa.
Moore: We have the highest tax rate!
Sanders: We have the highest nominal, not effective, that's the difference.What people really pay is the lowest. It's 12%...
Maher: How much did General Electric pay? Zero! [Emphasis his]
It was at this point, a funny thing happened: Moore agreed with Maher!
Moore: That's why we gotta totally overhaul the corporate taxes. I've been on that for - we should have a flat tax.Wait, what? Not too long ago Moore was complaining about taxes being absolutely draconian, and now he agrees that they're not in fact as high as he was stating? This apparent contradiction wasn't lost on Maher, who responded with a chuckle: "A second ago, we were paying the highest."
Moore then tried to save face by suggesting that "some" corporations get away with not paying any taxes, and that led to this exchange:
Sanders: One out of four, as a matter of fact.
Maher: A lot of them. Over half of the biggest 500 corporations paid less than 11%.
Moore: Wait a minute. Can we agree if you have the highest corporate tax rate in the world...
Sanders: You don't!
Moore: ..and out tax collections are too low, there's a big problem with the system?
Wait, what? After making a deceptive argument, then getting called out on it, then agreeing with the rebuttal, Moore...goes back to his original deceptive argument? All this happened under 2 minutes!
Of course, Moore's been doing this sort of thing for years, so I shouldn't be surprised. I guess I just expect a bit more from WSJ hacks than I do from your average right wing hacks.