Saturday, February 11, 2012

Rest easy


As a follow-up to this morning's review of corporate taxes, just one more graph.
This one shows total corporate income tax paid, relative to GDP.


Since 1980 or so, the corporate tax has been in a holding pattern at 2 percent of GDP.

In other words, for every dollar of income you earn, some corporation somewhere pays about two cents income tax on the money that they earn.

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2 comments:

  1. JazzbumpaFebruary 11, 2012 at 8:46 PM

    Here is a great example of data that is different before and after 1980.

    Cheers!
    JzB

    ReplyDelete
  2. The ArthurianFebruary 12, 2012 at 1:54 AM

    ...but really, the downtrend could not have continued, could it?

    ReplyDelete

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