[quote=@catchamber] It's not misleading, if you look at it as a measure of where the tax burdens have shifted over the decades. I'm arguing that corporations are being taxed a very small amount, and getting boatloads of subsidies on top of that. Now, I'm not advocating that the US necessarily needs to raise their corporate tax rates, because there are ways to grow tax revenues without changing rates. Either way, it seems reasonable to say that if the tax rate is going to be lowered, all of the deductions and subsidies need to be cut out to balance the books. From the article you linked: "However, it's not quite that simple. Those rates above are the statutory rates — the rates set by law. And that is not the rate that many companies in the U.S. end up paying. Deductions and credits help push down businesses' total tax liability, meaning that many companies end up paying far less than the statutory rate. Here is the average effective tax rate for U.S. corporations." That average effective tax rate is 18.6%, which makes it the 4th highest in the world.[/quote] Well, I mean, it [i]is[/i] misleading, because we're talking about corporate tax rates and you're talking about an entirely different thing. Deductions and credits (for the most part) need to go away and the overall rate needs to come down. This is [i]precisely what Trump is suggesting.[/i]