[CFrance]

Originally Posted by Chi-Town

Not to worry. Tax breaks lower it WAY below 39%. Much closer to 12%.

Tax Break Pushes Corporate Taxes to Just 12.1% of Profits, Lowest Level in 40 Years - WSJ

And offshore loopholes lower it even further--even down to 1%. Check this out.

Mylan, Heinz among U.S. companies using Luxembourg for tax reduction | Pittsburgh Post-Gazette

I'm all for lowering the corporate income tax rate if it will keep jobs in the US. But something has to be done about all the loopholes and end-arounds that enable these large corps to avoid paying taxes. They can be profitable and pay their fair share of taxes as well.