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To: Defend Liberty

But what is the “effective corporate tax rate” in the US compared to other countries? I don’t know the answer, but the opponents of lowering the corporate rate here always say that the effective rate is lower than the statutory rate.


8 posted on 01/09/2011 8:24:06 AM PST by secretagent
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To: secretagent
But what is the “effective corporate tax rate” in the US compared to other countries? I don’t know the answer, but the opponents of lowering the corporate rate here always say that the effective rate is lower than the statutory rate.

An excerpt from the link below: "This bulletin presents new estimates showing that the United States has one of the highest effective tax rates on corporate capital in the world at 36 percent, which compares to an average of just 19.5 percent for 79 other countries studied."

Cutting the Effective Corporate Tax Rate That doesn't take into account the high compliance costs associated with the federal income tax code.
9 posted on 01/09/2011 10:16:55 AM PST by Defend Liberty
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