4 ms·

$205b on how much income?

• Retric 7y ago
  Several ways to calculate that, but ignoring international profits you’re talking something like: https://fred.stlouisfed.org/release/tables?rid=53&eid=18673&od=2018-10-01# https://fred.stlouisfed.org/release/tables?rid=53&eid=18673&... Corporate profits with inventory valuation and capital consumption adjustments: 2018 Q1: 1544b + Q2: 1561b + Q3: 1592b + Q4: 1593b 6290B giving an effective tax rate of 3.3% minus whatever they paid on foreign profits.
  • harryh 7y ago
    You've misinterpreted the data in that link. That isn't showing per quarter profits, but instead the annualized rate sampled by quarter.
    • Retric 7y ago
      Thanks that’s much more reasonable 13% then. That’s what I get for posting before going to sleep, I kept thinking that’s to low and posted it anyway,
  • deleted 7y ago
    [deleted]