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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (602085)3/1/2011 6:54:07 AM
From: Brumar89  Respond to of 1576329
 
Maybe Ali and mediamatters want statutory rates to apply to revenues, not income. And if they don't its an evil corporate tax break.



To: Tenchusatsu who wrote (602085)3/1/2011 11:00:41 AM
From: Alighieri  Read Replies (2) | Respond to of 1576329
 
My guess is that the decimal point in the revenue estimate is in the wrong place. But why can't you check your own figures before posting them? Just use a little math.

I think the article is using the word revenue for earnings as well...so i think the 3.4T figure is referring to earnings...then the ratio ~ works...the statutory tax rate is 35% while the effective tax paid is 22% hence 1.2T lost to special provisions.

Al


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