“There’s been more and more awareness that actually C-corporations are not paying 35 percent in taxes,” said Steven Wamhoff, a tax expert at the Institute on Taxation and Economic Policy, a left-of-center think tank. His group has highlighted that corporations as a group pay much lower than 35 percent of their profits in taxes, thanks to the deductions and credits available to them. Read more
Quoted Staff Member
Steve Wamhoff
Federal Policy Director