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Corporate tax rate is only 15%

Individuals are paying 30%

The corporate tax rate is 15 - 35% and is among the highest in the world. Have you not been reading all the stories on how unfriendly America is to business? There was one on Coke this week.

24 posted on 09/30/2011 6:13:35 AM PDT by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)

Corporate tax rate is only 15% Individuals are paying 30%

Corporate "tax" rate is always zero because end user, that's us, pays all expenses, including taxes. Otherwise, the corporation will lose money and go out of business. Taxing coporations just makes everything more expensive. A more correct statement would be...

Individuals are paying 30%. Plus on top of that we have to pay more for all the goods and services that we use since dumb liberals think corporations should be taxed on top of all the taxes we are already paying.