21.2 Percent Effective Tax Rate for Profitable Corporations
258 corporations paid an effective federal income tax rate of 21.2 percent over the eight-year period, slightly over half the statutory 35 percent tax rate. […]
258 corporations paid an effective federal income tax rate of 21.2 percent over the eight-year period, slightly over half the statutory 35 percent tax rate. […]
Individuals paid 1.6 times the revenue corporations paid in 1955. Individuals paid 4.5 times the revenue corporations paid inĀ 2015. Sources: http://www.cbpp.org/research/policy-basics-where-do-federal-tax-revenues-come-from http://www.taxpolicycenter.org/statistics/amount-revenue-source
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