Corporate Income Taxes

In addition to the federal corporate income tax rate, many U.S. states levy corporate income taxes of their own. Economists have long understood that corporate income taxes are double taxes, since the same income is taxed once as profit, and once as individual income when distributed as dividends to shareholders.

Contrary to popular misconception, the ultimate burden of corporate income taxes doesn’t fall on corporations, but is instead borne by workers, shareholders and consumers. According to a recent Federal Reserve study, state corporate taxes hurt entrepreneurship

State Corporate Income Tax Rates and Brackets

Related Articles

Fact Checking the Fact Checkers: Missing the Point on Tax Compliance

New Video on Corporate Taxes: Falling Behind by Standing Still

Why are Businesses Hoarding Cash and not Hiring?

Can You Do Better Than the Super Committee?

Rethinking the U.S. Taxation of Overseas Operations

Rethinking U.S. Taxation of Overseas Operations: Subpart F, Territoriality, and the Exception for Active Royalties

U.S. Corporate Income Tax Rate Approaching Twice the World Average

Bigger Picture on the Recent JCT Analysis of Corporate Rates

Sensationalizing Corporate Taxes

Government Takes a Greater Share than Shareholders

Slide Presentation: Tax Foundation Corporate Tax Briefing 2011

Are We Finally Moving to a Territorial System for Corporate Taxes?

Assessing the Perry Flat Tax

What Would Warren Buffett Pay Under 9-9-9, if He Went on a Consumer Binge?

Some Rather Important and Unspecified Details of 9-9-9

What would Warren Buffett pay under 9-9-9?

Yes, Corporations are People, Even in Thailand

Academic Research Suggests That the American Jobs Act Will Produce Few Jobs

The Shortcomings of President Obama’s Deficit-Reduction Proposal

Tax Breaks for Video Game Companies