richardhutnik on 23 October 2011
| Kasz216 said: Oh here is an interesting fact too.... |
Nope. The effective rate is much lower. This is very likely due to tax breaks and structuring expenses to minimize tax. An argument a free market/conservative would argue against targeted tax breaks is that it represents a form of centralized planning on the economy which gets in the way of a market naturally organizing itself in the most optimal way.
