Actual U.S. corporate tax rates are about half the official 35 percent rate: Comparison of U.S. statutory and estimated average effective corporate tax rates
|Effective rate (CTJ estimate)||19.4%|
|Effective rate (Zucman estimate)||12.5%|
|Effective rate (GAO estimate)||14.0%|
View the underlying data on epi.org.
Sources: Americans for Tax Fairness (ATF) and EPI analysis of McIntyre, Gardner, and Phillips (2014a, i); Zucman (2014, 132–133); and GAO (2016, 13)