Across U.S. Companies, Tax Rates Vary Greatly - Interactive Feature
I wish i could make a similar graphic to show what was claimed about taxes during the last election cycle. A comparison of election season ‘truth” vs real data.
Across U.S. Companies, Tax Rates Vary Greatly
Last week, in a Congressional hearing, Apple got grilled for its low-tax strategy. But not every business can copy that approach. Here is a look at what S.&P. 500 companies paid in corporate income taxes — federal, state, local and foreign — from 2007 to 2012, according to S&P Capital IQ.
Three big energy firms paid the most taxes in absolute terms: Exxon $146 billion; Chevron $85 billion; and ConocoPhillips $58 billion.
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