Average Corporate Tax Rate Falls To 12%, Lowest In Decades

By David Edwards — February 3, 2012
Plays:
Many Americans were shocked last month to learn that Republican presidential candidate Mitt Romney only paid an effective tax rate of 13.8 percent in 2010, but a recent report shows that corporations are paying even less.
Embed
Can you help us out?

For over 20 years we have been exposing Washington lies and untangling media deceit, but social media is limiting our ability to attract new readers. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Become a subscriber:
 
Make a donation:

If you don't mind the ads and would rather donate, please select one of the options below:

Kindest
Donate via PayPal
Via Snail Mail
payable to: Crooksandliars
528 Palisades Drive
Ste 548
Pacific Palisades, CA 90272

Explore more

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon