[OC] Google IPO vs Now - breaking down revenue and profit sourcesSubmitted by giteam t3_y3txle in dataisbeautiful
garygoblins t1_iselz0y wrote
Reply to comment by slayer828 in [OC] Google IPO vs Now - breaking down revenue and profit sources by giteam
While I agree corporations don't pay quite enough, people actually don't pay more than this. The vast majority pay a much lower effective tax rate.
"The Tax Foundation derives an average tax rate of 14.6% for the top 50% of taxpayers, just 3.4% for the bottom 50%, and an average of 13.3% overall."
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