6 ms·

People pay their taxes, generally. Corporations on the other hand... Well many pay their taxes as well, if I'm being fair.

• adventured 11y ago
  Very few corporations in the US can dance around jurisdictions to avoid high tax rates like Apple & Co can. To be fair, most American corporations pay very high tax rates compared to the rest of the world, and almost none of them as a percentage are able to avoid paying those high rates. The median corporate income tax rate, is higher than the median individual income tax rate.
  • threeseed 11y ago
    It's a bit meaningless to talk about the corporate tax rate when there are so many deductions available to businesses.
  • gozur88 11y ago
    Yes. The current situation heavily favors multinationals over wholly domestic corporations. In almost every country, but particularly in the US. That's why "inversions" are all the rage - if you aren't a subsidiary of a corporation in a low-tax country you almost have to become one.
• madeofpalk 11y ago
  But people try and minimise their taxes as much as possible. Taxes that corporations pay are more complicated and they have more legal avenues to minimise tax payable.
  • melted 11y ago
    If you're a regular middle class wage slave, there are very few ways you can reduce your tax burden. My accountant says the only way to even begin to optimize taxes in my tax bracket is to start my own business.