The 12.1% effective tax rate being claimed in multiple posts here is a temporary number due to a one time tax break for 2010 and 2011 that will expire. After wh

The 12.1% effective tax rate being claimed in multiple posts here is a temporary number due to a one time tax break for 2010 and 2011 that will expire. After which the effective US corporate tax rate will skyrocket back up to around 25% to 26% or so. And it's worth noting, it's a front loaded expensing, versus expensing over a period of years, so that 12.1% is completely deceiving. "In 2010 and 2011, companies were allowed to deduct the full cost of the purchases of new equipment, while normally these costs would be expensed over several years. In 2012, this deduction will go down to 50% and be eliminated altogether thereafter, causing the effective tax rate to return to roughly the 25.6% average effective tax rate corporations paid since the late 1980s, according to CBO forecasts." http://business.time.com/2012/02/06/the-corporate-tax-rate-is-at-its-lowest-in-decades-is-big-business-paying-its-fair-share/ http://business.time.com/2012/02/06/the-corporate-tax-rate-i...