What they pay according to the Economist of 30 April 2011.
General Electric 3.6%
Mereck 12.5%
HP 20%
Johnson and Johnson 22%
Propaganda says corporations pay 35%. They forget the complex nonsense (games) that lookout123 discusses. And the reason why many in the Fortune 100 pay no taxes.
These are not problems. These are only symptoms of the problem. The existence of the penny and paper dollar bill are also symptoms.
|