Submitted by giteam t3_ymry3i in dataisbeautiful
ThePanoptic t1_iv9tvin wrote
Reply to comment by [deleted] in [OC] JP Morgan is the largest US bank - visualizing how does it make money by giteam
I understand that corporate rate are calculated differently but the bottom line is that 19% of their profits are lost to tax, while an individual making $41,776 - 89,075, will lose 22% of that bracket income to tax. Corporations should at least have a higher bracket at the top, especially when tens of billions are the profit margins.
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