[central_va]

United Technologies, the parent company of Carrier Corp, paid a tax rate closer to 12% last year on profits of over $17 billion. Less than I paid percent wise.

"U.S. Senator Joe Donnelly says the head of the Carrier Corporation could not point to one federal regulation which the company says was responsible for its decision to relocate facilities in Indianapolis and Huntington to Mexico."

[Toddsterpatriot]

United Technologies, the parent company of Carrier Corp, paid a tax rate closer to 12% last year on profits of over $17 billion.

Don't know where this $17 billion number came from. In FY 2014, Yahoo Finance shows
Income Before Tax 8,887,000
Income Tax Expense 2,264,000

http://finance.yahoo.com/q/is?s=UTX+Income+Statement&annual

Looks like about 25.5%.

I guess it's possible they doubled their profit between 2014 and 2015, but I'd be shocked.