[cattywampus]

Originally Posted by Chi-Town

CFrance, here is a link that references the 12.6% rate:

GAO: U.S. corporations pay average effective tax rate of 12.6% - Jul. 1, 2013

In my humble opinion, the AVERAGE rate is meaningless.

The only thing that matters is the corporate tax rate of those C Corps
who pay US Corporate rates which substantially exceed the rates available elsewhere.

In my sisters' family there are 5 kids
her kids have an AVERAGE income of over $500,000.00.

BUT only one makes over $ 500,000.00

.. 1,850,000.00 Business Owner
... 280,000.00 Real Estate Sales
... 255,000.00 Petroleum Engineer
.... 85,000.00 Car Salesman
... 140,000.00 Geologist