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Re: U.S. Corporate Tax Rate (was: No more $5 footlongs at Subway in SF)

Posted by SelkirkTMO on Sun Apr 1 21:40:11 2012, in response to Re: U.S. Corporate Tax Rate (was: No more $5 footlongs at Subway in SF), posted by Easy on Sun Apr 1 21:38:18 2012.

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Nope. Many pay nothing at all. But whatever's left after all the deductions and exclusions gets taxed at that rate. Some corporations actually collect money from Uncle Sammy when they do their taxes. Ours did.

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