Harry Reid’s unhinged rants on the Senate floor about David and Charles Koch reflect not just one man’s paranoia but an empty strategy of demagoguery by a major political party. A new ad from the party’s Senate Majority PAC attempting to protect Mary Landrieu from the consequences of her support for Barack Obama’s agenda tried to shift attention in Louisiana to “out-of-state billionaires,” by which they did not mean George Soros or Tom Steyer. The ad claims that the Kochs support “tax cuts for companies that ship our jobs overseas,” but as the Washington Post’s Glenn Kessler deduces, practically nothing in that argument is true … including the that and the for: Matsdorf cites the fact that ATR has a taxpayer pledge for candidates to “oppose any and all tax increases” and that ATR once ran a fact check blog post on an Obama speech that said that “companies don’t get tax breaks for moving anything overseas.” (One can argue over semantics, but Obama has a tendency to suggest this is a special loophole. Instead, it’s a standard moving expense deduction that is part of the tax code, whether you are moving jobs to Vienna, Va., or Vienna, Austria.)
Posted on: Sat, 15 Mar 2014 16:57:29 +0000
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