Thanks To 'Loopholes' U.S. Corporations Pay A Lower Tax Rate Than Middle Class Families (VIDEO)
Wednesday, July 3, 2013 - 14:30
in Mathematics & Economics
Do you know what your effective tax rate is? Everyone hears numbers such as 10 percent, 15 percent, 25 percent, etc. thrown around by reporters and pundits, but those numbers usually represent marginal income tax rates. Your effective tax rate is figured by dividing y …