Now that you are reviewing the Financial statements of corporations - it is time to see the impact of Corporate Taxes on the companies profitability. Remember, if the Earnings go to the Government - they don't go to the stockholders/owners.

1. Research the corporate Tax rates in 2016 and discuss the different tax bracket on corporate earnings. How much Federal Tax would the largest corporations pay? keep in mind this is before any State corporate taxes. If a corporation had $800 million in earnings in 2016 - how much would they have paid in Federal taxes?