Matters of tax reform have been central to both presidential hopefuls' campaigns, opening dialogue on economic patriotism and spurring debates over whether those on Wall Street or Main Street should shoulder more of America's bill.
With this in mind, online credit company WalletHub analyzed annual reports for the S&P 100 to determine the rates at which they pay taxes at the state, federal and international levels, as well as how their tax burdens compare to those of individual Americans. According to WalletHub's lists of the highest and lowest taxed companies, two healthcare companies are among the 10 highest taxed, and three healthcare companies are among the 10 lowest taxed.
Here are the full lists:
Companies paying the highest taxes (overall tax rate)
1. General Electric (Fairfield, Conn.) — 79.2 percent
2. Kinder Morgan (Houston) — 73.1 percent
3. Amazon (Seattle) — 60.6 percent
4. Colgate-Palmolive (New York City) — 44 percent
5. UnitedHealth Group (Minneapolis) — 42.6 percent
6. Lowe's (Mooresville, N.C.) — 42.4 percent
7. Facebook (Menlo Park, Calif.) — 40.5 percent
8. CVS Caremark (Woonsocket, R.I) — 39.3 percent
9. Union Pacific (Omaha, Neb.) — 37.7 percent
10. Comcast (Philadelphia) — 37.1 percent
Companies paying the lowest taxes (overall tax rate)
1. General Motors (Detroit) — -34.3 percent
2. Chevron (San Ramon, Calif.) — 2.7 percent
3. Mondelez International (East Hanover, N.J.) — 7.5 percent
4. Twenty-First Century Fox (New York City)— 12.6 percent
5. Amgen (Thousand Oaks, Calif.) — 13 percent
6. Eli Lilly (Indianapolis) — 13.7 percent
7. Intl Business Machines (Armonk, N.Y.) — 16.2 percent
8. Gilead Sciences (Foster City, Calif.) — 16.4 percent
9. Google (Mountain View, Calif.) — 16.8 percent
10. Merck (Kenilworth, N.J.) — 17.4 percent
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