5 = 1.75 ???

This may be splitting hairs but when I see numbers that are exaggerated It gets my goat�example:

www.johnkerry.com..." target="_blank" class="postlink" rel="nofollow"> www.johnkerry.com...

On John Kerry�s website it states �

Cut the corporate tax rate by 5 percent. Kerry's proposal will not increase the deficit or corporate taxes by one dime. All of the savings from ending tax breaks will go towards lowering the corporate tax rate from 35 percent today to 33.25 percent - a 5 percent reduction.

35 - 33.25 = 1.75 (over two times less than 5%)

�so does 20% equal 10%, 100% equal 50%...etc. When does the exaggeration ever end with the people in Washington?

[Edited on 13-4-2004 by Hyperspace]

Well, he is actually right.

33.25/35*100% = 95%

A 5% reduction in taxes:

35 - 35*5% = 33.25

Originally posted by amantine
Well, he is actually right.

33.25/35*100% = 95%

A 5% reduction in taxes:

35 - 35*5% = 33.25

You�re Correct!!

I was wrong. (I feel stupid)

...But I still think the politicians are full of sh*t.