Tag Archives: Citizens for Tax Justice

Who needs a wake-up call with all that caffeine?

From George Zornick at THE Nation:

According to [POLITICO’s] Mike Allen’s “Playbook”—a daily memo of DC conventional wisdom—the biggest story of the day involves remarks by the CEO of Coca-Cola about the horrid US tax structure. Muhtar Kent says [at the Clinton Global Initiative] that his company finds it easier to do business with China and Brazil than the United States because of our antiquated and unfair tax code […]

…snip…

Allen breaks his supposed journalistic objectivity for a moment, and dubs this plea for lower corporate tax rates a “chilling story” that will “drive debate for ’12 and SuperCommittee.” He adds that “This is a massive wakeup call for official Washington…. The Coke dude’s sentiments, which we hear CONSTANTLY and CONSISTENTLY from executives around the country, explain why an independent presidential candidate could have historic support, and why big money is panting after New Jersey Gov. Chris Christie.” (Emphasis is his).

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