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••• Corporate Tax Rates •••

By: weco in FFFT | Recommend this post (0)
Tue, 29 May 12 7:12 PM | 32 view(s)
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Msg. 42633 of 65535
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Neighbor had his FAUX facts screwed up...

The published rate is among the higher (it's not "the highest"), but the actual rate that corporations pay is actually below average, thanks to deductions, hold backs, abatements, etc.

I know that doesn't matter to people who don't bother with mere facts, but it's the truth. Average among OECD countries: 16%. Average in the US: 13%.

http://thinkprogress.org/economy/2012/03/30/456005/reminder-corporate-taxes-very-low/?mobile=nc


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