Replies to post #146317 on Tornado Alley (PROG)

[F6]

SilverSurfer -- Obama has broached the same approach, some time ago -- lotta big corporate interests, the giant corps that now actually end up paying effectively or literally nothing, the industries/sectors relatively favored under the current corporate income taxation regime, like things just the way they are -- and it is the case that the effective rate paid here is quite competitive/low as v. e.g. other OECD countries -- and that the share of U.S. income taxes being paid by corporations is at/near historically low levels -- there does need to be a net gain in corporate income taxes collected

[PegnVA]

The tax rate is different than the actual tax corps pay, right? If they were the same we wouldn't hear that GE Corp, for example, paid no no income taxes.
Why not close the corp tax loopholes first, then review the rate?