This chart demonstrates the "progressive" nature of the u.s. tax code in that income tax rates increase dramatically as the lev

Question

prohojiy [21]

3 years ago

9

This chart demonstrates the "progressive" nature of the u.s. tax code in that income tax rates increase dramatically as the lev

el of income rises. the top corporate average tax rate is

Business

1 answer:

slavikrds [6] · Answer 1 · 2022-08-25T12:09:52+03:00

<span>According to this chart, the top corporate average tax rate is 35%. In the United States, large corporations that are profitable paid in an average effective tax rate of roughly 12.6% in 2010. The corporate tax rate set by the federal government is listed as 35% and can even jump up to 39.2% when state rates are included.</span>

This chart demonstrates the​ "progressive" nature of the u.s. tax code in that income tax rates increase dramatically as the lev

This chart demonstrates the "progressive" nature of the u.s. tax code in that income tax rates increase dramatically as the lev