Tax Guru – Ker$tetter Letter

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Corporate Tax Rates

Posted by taxguru on May 28, 2005

Q:

Subject: your site
 
Hey great site- very informative. Thanks!

I had a quick question though if you don’t mind. I was looking at the c-corp tax rates and was curious if I was reading it right. Do the rates go up AND down? Why?

Thanks again!

 

A:

While the last bracket appears to be a reduction, a flat tax of 35% effectively eliminates all of the tax savings from the lower rate brackets.

I have updated the schedule on my web site to make this more clear.

I hope this helps you understand the tax rates. Thanks for writing.

Kerry Kerstetter 

This entry was posted on May 28, 2005 at 12:07 PM and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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