March 27, 2013

Corporations Pay Lower Tax Rates Than Ever While Lobbying For Even Bigger Tax Breaks

Corporations Pay Lower Tax Rates Than Ever While Lobbying For Even Bigger Tax Breaks: As large American companies continue to lobby Congress for tax reform that would lower their tax rates, a study of historical corporate tax rates found that they are in fact paying at rates roughly half of those they paid decades ago. The Washington Post analyzed 30 large companies listed on the Dow Jones Industrial Average [...]/p