Whether it's China lowering its statutory corporateincometaxrate from 33% to 25% in 2008, or the U.S. cutting corporateincome taxes from 39% from 35%, companies rarely ever pay the full load.
One thing on which there does seem to be a consensus is that America's marginal rate of corporateincometax-at 35%, one of the world's highest-must come down.
有件事看似已成共识,即美国企业所得税边际税率是35%,为世界最高,必须有所降低。
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That means the income "passes" straight to shareholders, who then pay taxes on it at their ordinary incomerate, thus avoiding the corporatetax.