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May 27, 2012
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Gary Weiss

Parade Marches in Lock-step with Left with 'Intelligence Report'

By Ken Shepherd | April 12, 2008 | 19:49

Just in time for Tax Day, the April 13 issue of Parade magazine gave readers left-wing talking points on corporate taxation dressed up as objective reporting.

Contributor Gary Weiss cited two left-wing interest groups and liberal Democratic congressman Richard Neal (D-Mass.) in "Are You Paying For Corporate Fat Cats?" By the end of the article, readers are all but left to seethe an angry "yes!" to that question.

Yet at no point were any economists consulted to point out that corporate tax levies are always ultimately paid by the consumer, who bears the final cost of goods and services produced by the taxed corporations. Taxes are yet one more input cost into final goods and services. So simply put, corporations don't pay taxes, individuals do.

Weiss failed to tackle the political slant of the groups he consulted, which were merely tagged as nonprofits. A quick Google search of the groups makes clear the liberal slant of the organizations.

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