The Tax Rates of America’s Biggest Companies
Using company documents filed with the Securities & Exchange Commission, Nerdwallet created a tool that allows people to see how much the largest 500 American companies paid in taxes last year, what their CEOs were paid, and what the average employee pay is. In an email, Nerdwallet’s vice president of products Stephanie Wei said, “As both presidential candidates are proposing to lower the corporate tax rate, we wanted to provide voters with information on what companies actually pay.”
Pick your company of choice, and give it a whirl: Wal-Mart paid a tax rate of 19 percent, Apple paid a tax rate of 11 percent, and Facebook paid a tax rate of 5 percent.
Support The Billfold
The Billfold continues to exist thanks to support from our readers. Help us continue to do our work by making a monthly pledge on Patreon or a one-time-only contribution through PayPal.
Comments