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Political Factoid

"American corporations are paying
a smaller share of taxes than
in previous decades."
  • In 2010, they paid a total of $191 billion
    in federal income taxes.
     
  • That is about 1.3 percent of the nation's
    gross domestic product.
     
  • During the 1950s, it was about 6 percent.
  
 
 [emphasis added]
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Last updated * 2014-03-05
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