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Corporate Income Tax (r.50501.chat)

submitted 4 days ago by [email protected] to c/[email protected]

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Originally Posted By u/HumusSapien At 2025-04-15 02:37:32 PM | Source

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[–] [email protected] 8 points 4 days ago (1 children)

Are/were there tax brackets for corporations as well?

[–] [email protected] 10 points 4 days ago (1 children)

Not sure about the US but generally no, you pay the same rate from the first dollar.

It doesn't make sense to have brackets for corporations because they can move their income forward and backward through time to a greater extent than individuals can.

It would incentivise a lot of BS to minimise tax which ultimately isn't "productive".

[–] [email protected] 1 points 4 days ago

Oh gotchya, that makes sense I guess.