4 ms·
A quick search shows they paid around $15 billions in 2017 on a $59 billion operating income. Not what I'd call noblesse oblige. OECD member states have an aver
by patrickaljord 7y ago
A quick search shows they paid around $15 billions in 2017 on a $59 billion operating income. Not what I'd call noblesse oblige. OECD member states have an average statutory corporate tax rate of 24% which seems reasonable given that people still need to pay personal income tax, and sales tax, VAT, carbon tax etc.