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> Corporations only paid 7.6% of the tax take -- the lowest share since at least 1960, according to the IRS data That sounds low but it's not far out of line o
by gok 7y ago
> Corporations only paid 7.6% of the tax take -- the lowest share since at least 1960, according to the IRS data
That sounds low but it's not far out of line of the rest of the OECD. The mean is around 9%. Sweden is about 6%. The two members above 20% (or anywhere near it) are Chile and Mexico.
Corporate income tax is kind of a mess to implement and enforce.