Taxes Matter: Corporate Taxes Key Facts
TAXES MATTER CORPORATE TAXES:KEY FACTS FAIRNESS FEDERAL TAXES HAVE SHIFTED IN SCALE FROM CORPORATIONS TO INDIVIDUALS CORPORATE TAXES AS CORPORATE TAXES AS A PERCENTAGE OF GDP INDIVIDUAL INCOME AND PAYROLL A PERCENTAGE OF TAXES AS A PERCENTAGE OF GDP FEDERAL REVENUE 12.2 9.3 27.3 8.9 4.3 1.3 1955 2010 1955 20104 1955 20104 INDIVIDUAL INCOME AND PAYROLL TAXES AS A PERCENTAGE OF FEDERAL REVENUE 58 1955 81.5 2010 COMPETITIVENESS THE SHARE OF CORPORATE TAXES IS LOWER IN THE U.S. THAN IN SIMILAR COUNTRIES CORPORATE TAXES AS A CORPORATE TAXES AS PERCENTAGE OF GDP A PERCENTAGE OF TOTAL TAXATION U.S. 1.8 U.S. 7.1 CANADA 3.3 CANADA 10.4 FRANCE 3.5 FRANCE 6.7 GERMANY 1.9 GERMANY 5.1 JAPAN 3.9 JAPAN 13.7 UNITED KINGDOM 3.6 UNITED KINGDOM 10 OECD AVERAGE 3.5 OECD AVERAGE 10.1 Source: White House Office of Management and Budget http://www.whitehouse.gov/omb/budget/Historicals Source: OECD http://stats.occd.org/Index.aspx
Taxes Matter: Corporate Taxes Key Facts
Designer
Maxwell Holyoke-HirschSource
Unknown. Add a sourceCategory
EconomyGet a Quote