Figure 4
Actual U.S. corporate tax rates are about half the official 35 percent rate: Comparison of U.S. statutory and estimated average effective corporate tax rates
Source | Tax Rate |
---|---|
Statutory rate | 35.0% |
Effective rate (CTJ estimate) | 19.4% |
Effective rate (Zucman estimate) | 12.5% |
Effective rate (GAO estimate) | 14.0% |
Sources: Americans for Tax Fairness (ATF) and EPI analysis of McIntyre, Gardner, and Phillips (2014a, i); Zucman (2014, 132–133); and GAO (2016, 13)
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