Max Baucus has always been a corporate shill. So, I, for one, am not shedding a single tear that he is retiring at the end of his term (sort of the way I felt when the country was able to rid itself of a scar named Joe Lieberman). But, on his way out the door, he’s ensuring that he’s going to leave a black mark of more phony corporate shilling.
The folks at Citizens for Tax Justice have Baucus dead on, mocking his road show with Republican Dave Camp:
What could be more lovable than a bipartisan effort to simplify the tax code? A bipartisan effort to simplify the tax code led by a couple of folksy guys in shirtsleeves who call themselves Max and Dave. No matter that they are two of the most powerful members of Congress, they have managed to craft a successful PR campaign playing on the public’s frustration with political partisanship and endemic dislike of the tax code.
Max and Dave, of course, are Senator Max Baucus, chair of the Senate Finance Committee, and Representative Dave Camp, chair of the House Ways and Means Committee. Their aw-shucks, let’s-get-a-beer-and-fix-the-tax-code routine has received friendly media coverage inside the Beltway and outside too, during their recently wrapped up road show, which took the pair to Minnesota, Philadelphia, Silicon Valley and Memphis.
And who is this team using as a model? A great tax hater, FedEx:
Our op-ed, “Most of Us Want Corporate Loopholes Shut,” asked why the Senator and Congressman would visit with FedEx for advice about tax reform.
“The venue is apt because FedEx’s taxpaying behavior is emblematic of the challenges facing anyone seeking to fix the United States’ corporate tax system; it’s awkward because FedEx is a heavy feeder on tax breaks enthusiastically supported over many years by bipartisan majorities in Congress.”
We then explained some of what we’d learned in reviewing FedEx’s latest financial statements.
“For example, my organization, the Institute on Taxation and Economic Policy, found that between 2008 and 2010, FedEx paid an effective federal income tax rate of just 0.9 percent on over $4.2 billion in U.S. profits. With two more years of tax filings now publicly available, we know that over the past five years, FedEx paid an average effective federal income tax rate of just 4.2 percent.”
The world will be a better place without Baucus — particularly a world in which people try to restore some semblance of honesty about corporate taxes.

