Detailed text transcripts for TV channel - MSNBC - 20171109:16:04:00
This one is interesting to me. they're going to drop the court tax rate from 35% to 20%. you hear people at 35% we're the highest taxed nation in the world when it comes to corporate taxes. except it's not true. that's the statutory tax rate. most companies pay an effective tax rate of 18.5%. i know i'm going to get tweets from you saying i'm a business and i pay 35%. i know that's true. but most corporate taxes paid in the united states are at 18.6%. it's going down to 20% but may be less than that because the loopholes are still there. and this shows that in 201876% of taxpayers would get a ...
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