Top U.S. Companies Paid 9% U.S. Tax Rate On Average [video]_Featured_, Corporations, Videos Saturday, August 11th, 2012
“A recent NerdWallet study found that the top ten most profitable American companies paid an average of 9% of their pre-tax earnings in taxes to the U.S. federal government last year. These same companies reported an average tax provision of 32%…”.*
The Young Turks host Cenk Uygur breaks it down.
*Read more here from NerdWallet: http://www.nerdwallet.com/blog/markets/2012/corporate-taxes-only-9-percent/