Comment on Microsoft Has Nearly $93B in Overseas CashparentComments−jellicle12yThis is a good case why the US should lower corporate taxes to a rate that is competitive with other jurisdictionsU.S. corporate taxes are and long have been lower than the OECD average.−cpursley12yReally? It's the highest one on both of these lists:- http://www.heritage.org/federalbudget/corporate-tax-rate- http://www.kpmg.com/global/en/services/tax/tax-tools-and-res...−jellicle12yYou are confusing the highest marginal rate with the amount of tax actually paid. The term you want to google to inform yourself is "effective corporate tax rate".
Comments
U.S. corporate taxes are and long have been lower than the OECD average.
Really? It's the highest one on both of these lists:
- http://www.heritage.org/federalbudget/corporate-tax-rate
- http://www.kpmg.com/global/en/services/tax/tax-tools-and-res...
You are confusing the highest marginal rate with the amount of tax actually paid. The term you want to google to inform yourself is "effective corporate tax rate".