{"entry":{"title":"Our Excessively High Corporate Taxes","date":"Fri, 07 Feb 2014 05:00:00 +0000","author":"Mintz & Chen, Tax Foundation","description":"
The statutory corporate income tax rate of the United States is infamously one of the highest in the world, while effective tax rates on capital investments appear to be high and dispersed.<\/p>
For businesses, it is not unusual to see their effective tax rates, regardless of how these are defined, being lower than their statutory tax rates. This results from tax preferences (“loopholes,” if using a pejorative term) that are more generous than the economic costs of generating taxable income.<\/p>","original_link":"http:\/\/taxfoundation.org\/article\/us-corporate-effective-tax-rate-myth-and-fact"}}