Reply #22: Actually - the corporate rate is HIGHER than the personal rate [View All]

[bik0]

They do get a slew of tax deductions but individuals do too.

Corporate Income Tax Rates--2010, 2009, 2008, 2007, 2006, 2005

Taxable income over Not over Tax rate

$ 0 $ 50,000 15%
50,000 75,000 25%
75,000 100,000 34%
100,000 335,000 39%
335,000 10,000,000 34%
10,000,000 15,000,000 35%
15,000,000 18,333,333 38%
18,333,333 .......... 35%


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