Dad2three
Gold Member
I gave you the answer twenty different ways from sunday you are not listening or incapable of understanding.What does total income mean to you. Are you talking total gross income or taxable income?
Have you figured out the difference between taxable income and corporate revenue yet?
More bloviating! Total income is all the money you made last year.
The question is simple: Why is the effective tax rate for corporations calculated differently than for individuals?
What you call total income is gross income. Do you or do you not know that you do not pay taxes on gross income, this is a yes or no question.
But were number 16 of industrialized nations in actual tax paid.
yep, all ya gotta do is move out of the country and you can escape most of the corporate taxes!! Its 100% liberal and so 100% idiotic.
lol, NOW try getting the money to shareholders
US actually has the second lowest coporate taxes as a share of GDP in the OECD. In fact, 30 major corporations, including Verizon, Boeing and General Electric, paid nothing in corporate taxes over the last 3 years.
Mar 30, 2012
U.S. companies are booking higher profits than ever. Yet corporate tax receipts as a share of profits are at their lowest level in at least 40 years
Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008.
http://online.wsj.com/news/articles/SB10001424052970204662204577199492233215330