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Five Things You Should Know on Tax Day
http://ctj.org/ctjreports/2016/04/five_things_you_should_know_on_tax_day.php1. The nation's tax system is barely progressive.
2. The U.S. statutory corporate income tax rate is 35 percent, but many companies pay at a much lower rate.
3. Taxes in the United States are well below those of most developed nations.
4. U.S. multinational corporations are aggressively shifting their profits into low-rate foreign tax havens.
5. Various presidential candidates are proposing huge tax cuts that would paradoxically make most Americans worse off.
04/14/2016