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onecaliberal

(32,858 posts)
1. The rate doesn't mean a damn thing when they write the laws to allow themselves
Thu Dec 15, 2016, 04:22 PM
Dec 2016

To get out of paying a damn dime.

 

NCTraveler

(30,481 posts)
4. From the link in the op.
Thu Dec 15, 2016, 04:27 PM
Dec 2016

"At least two thirds of all active corporations had no federal income tax liability."

 

NCTraveler

(30,481 posts)
3. "At least two thirds of all active corporations had no federal income tax liability."
Thu Dec 15, 2016, 04:27 PM
Dec 2016

From the article. The manner in which we allow deductions is important when discussing the statutory rate.

RDANGELO

(3,433 posts)
5. There is the tax rate on the books, and then there is the effective tax rate that they actually pay.
Thu Dec 15, 2016, 04:34 PM
Dec 2016

The effective tax rate is what they pay after they take advantage of all of all of the regulations in the tax laws. This is another one of the disingenuous talking points from the right. People assume that they are talking about overall taxes of the corporations.

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