Wednesday, December 15, 2010

Corporate Taxation

Sick and tired of being told how little U.S. companies pay in taxes?  Yeah, me too.  Wonder why they spend millions with accountants and tax attorneys to avoid paying taxes?  Here's a chart from a recent report issued by KPMG that tells that tale (you can access the full report here):

Guess what happens when you have rates this high?  Oh never mind, if you are reading this blog, you already know.  Save this chart to throw in the face of a simplib...they hate "facts," it's like holy water on vampires.

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