The U.S. Corporate Tax Rate | Tax Stories of the Jacksonsville Princess
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Is the U.S. Corporate Tax Rate the Highest in the World?
There is a popular belief that the current corporate tax rate in the country is very high, and a reduction of the prevailing rate will stimulate investments which will have a wide range of positive effects on the economy. Those who support this theory are referring to the current rate which stands at 39.1% (the highest in the industrialized world). According to proponents, this income tax rate is putting U.S. corporations at a competitive disadvantage. But is there more to the story?
The truth is that US companies pay … Read more at 2008 Taxes.
The post The U.S. Corporate Tax Rate appeared first on 2008 Taxes to 2014 Taxes.

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