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Well, apple ends up paying about 24% in corporate taxes, even though the corp tax rate is 35.
by diziet 16y ago
Well, apple ends up paying about 24% in corporate taxes, even though the corp tax rate is 35.
- usaar333 16y agoThat's probably effective after all deductions, etc. 35% should be their marginal rate. So if the last $500k of income was converted into Steve's Salary their taxes should be dropping by 0.35*500k