What makes companies dodge taxes?
Few tax issues generate more public frustration than big corporations paying little, or sometimes nothing, in federal income tax. Since 2018, U.S. corporations have faced a 21% federal corporate income tax rate, the lowest rate in decades and down from a top rate of 53% in 1969.
Image: Phys.org
Few tax issues generate more public frustration than big corporations paying little, or sometimes nothing, in federal income tax. Since 2018, U.S. corporations have faced a 21% federal corporate income tax rate, the lowest rate in decades and down from a top rate of 53% in 1969.
Originally published at Phys.org
