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“You got to remember, S corporations pay one layer of tax, corporations pay two layers of tax. So we basically see equivalent, but here's the point. The rest of the world, they tax their businesses at an average rate in the industrialized world of 23 percent. Our corporate is 35. Our top S…” quote by Paul Ryan
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“You got to remember, S corporations pay one layer of tax, corporations pay two layers of tax. So we basically see equivalent, but here's the point. The rest of the world, they tax their businesses at an average rate in the industrialized world of 23 percent. Our corporate is 35. Our top S corporate, small business rate is 44.6 effectively. This is killing us.”

Paul Ryan

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