Only 4% Of S&P 100 Pays US Statuary Corporate Tax Rate

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Rupert Hargreaves
Published on
Updated on
Prothena Corp. PLC (PRTA)

A cut to the headline rate of corporate tax is the cornerstone of President Trump’s tax reform policy. The US has one of the highest rates of corporation tax at 38.9% (the federal rate combined with average state and local taxes) according to the OECD, compared to an OECD average of 24.1% [Timekess] US lawmakers have proposed cutting the corporate tax rate to 20% from 35%, a change that is estimated to reduce federal revenues by $1.5 trillion over the next decade alone but is also expected to unlock billions in additional capital spending from companies every year. However, there’s one…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

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