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Political Factoid
The Business Roundtable* claims
U.S.-based companies faced
an average effective tax rate of
27.7 percent between 2005 and 2010.
Much evidence indicates otherwise with many
major corporations paying little or no taxes
during much of that period.
| * |
An association of chief executive officers of
major large American corporations with
nearly $6 trillion in annual revenues
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cf.
1920,
997,
245
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