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Reply #22


Response to Tx4obama (Original post)

Sat Jul 21, 2012, 10:42 AM

22. A bit difficult to have an effective tax rate of 36 percent when they don't pay any taxes.

The question that should really be asked is "How much of their net revenue in the USA is taxed?"

On the corporate tax bit I think it is screwed up the way it is set. They go up and down on the rates. It appears the smaller businesses get screwed the worse on this.

15% -- 0 to $50k
25% -- 50k to $75k
34% -- 75k to $100k
39% -- 100k to $335k
34% -- 335k to $10 million
35% -- 10m to $15 million
38% -- 15m to $18,333,333
35% -- over $18,333,333

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Tx4obama Jul 2012 OP
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LineReply A bit difficult to have an effective tax rate of 36 percent when they don't pay any taxes.
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