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International Comparisons Of Corporate Income Tax Rates

Sunday, March 12, 2017 4:57
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from the Congressional Budget Office

In the United States, the top federal statutory corporate income tax rate (the rate set by law that applies to the highest corporate income tax bracket) has been 35 percent since 1993. Most corporate income is taxed at that rate. With state taxes added in, the top statutory rate is even higher; on average, that combined rate was 39.1 percent in 2012, among the highest in the world (see table below).

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