With progress underway on a tax-reform plan that proposes to cut the corporate income tax from 35 percent to 20 percent, the personal-finance website WalletHub today released its latest Corporate Tax Rate Report.
The report provides an in-depth analysis of the 2016 tax rates at the state, federal and international levels in the case of the S&P 100 companies, the largest and most established businesses in the U.S.
Companies Paying the Highest Taxes
(Overall Tax Rate)
Companies Paying the Lowest Taxes
(Overall Tax Rate)
1
Caterpillar Inc. (138.1%)
1
General Electric Co. (-5.1%)
2
Kinder Morgan Inc. (56.0%)
2
Exxon Mobil Corp. (-5.1%)
3
Lowe’s Cos. (40.5%)
3
Dow Chemical Co. (0.2%)
4
UnitedHealth Group Inc. (40.4%)
4
International Business Machines Corp. (3.6%)
5
CVS Health Corp. (38.4%)
5
Mondelez International Inc. (8.9%)
6
Exelon Corp. (38.3%)
6
Boeing Co. (12.1%)
7
Union Pacific Corp. (37.4%)
7
Pfizer Inc. (13.4%)
8
Comcast Corp. (37.0%)
8
PayPal Holdings Inc. (14.1%)
9
Amazon.com Inc. (36.6%)
9
Microsoft Corp. (15.0%)
10
The Home Depot Inc. (36.3%)
10
Merck & Co. (15.4%)
Key Stats
For the full S&P 100 Tax Rate report, please visit:
https://wallethub.com/edu/corporate-tax-rates/28330/
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A weekly report on education news and commentary you won’t find anywhere else — spiced with a dash of irreverence — from the nation’s leading voice on education innovation and opportunity.
HAPPY HALLOWEEN! Here’s one of several “spooky” spoof videos to help you celebrate the day in EdReform Style! These and others from CER’s “Lucky 13th” Anniversary in 2006. Everything old is new again!
CONGRATULATIONS AND APPLAUSE. Good friend and CER Board Member Kevin Chavous is the new president of the Virginia-based ed-tech and on-line learning company K-12 Inc. CER and Kevin go way back – working together in DC to shape a robust charter schools program, and to win funding of the District's Opportunity Scholarship Program (efforts which, by the way, were also supported by BAEO). A highly respected voice of reform and a strong advocate of growing a learning culture in America so all can participate in the future, he’ll be an exceptional asset to K-12. Read our statement on Kevin here. While you’re at it, pick up a copy of one of Kevin’s many books, including his latest, a novel, called The Plan.
FONDNESS AND FAREWELL. It is with great fondess but sorrow that we note the dissolution of the Black Alliance for Educational Options, an organization well ahead of its time. BAEO’s primary founder – the great Howard Fuller - whose book No Struggle, No Progress chronicles why and how we must fight for children – told us in 1998 at CER’s 5th Anniversary why we must change the complexion of the room if we were to succeed in our endeavor to truly make educational opportunity work for children of color. And change the complexion of the proverbial edreform room he did, along with a host of other fellow warriors, like Deborah McGriff, then-Pennsylvania State Representative and now Congressman Dwight Evans, Virginia Walden Ford, among others. A dozen became more than a thousand and their impact has been felt in just about every major reform battle. BAEO’s clear, unwavering, powerful voice in the reform movement will be missed and it is incumbent upon those who continue the fight, to embrace BAEO’s principles and help to carry their work forward. (We’d also call on funders to recognize that sometimes the hardest work that the eye cannot actually see is the most important. But that’s another story, for another day).
CONDOLENCES AND PRAISE We are also extremely sad to report on the passing of Greg Miller, recently president of the Arizona State Board of Education and founder, along with his wife Pam of Challenge Charter School in Glendale in 1996 (a CER Charter School of the Year award winner!). An edreform pioneer, Greg was a member of the group that pushed for and won the passage of the Arizona law authorizing charter schools in 1994. Today, more than 180,000 children are enrolled in more than 550 charters in the state – a fantastic accomplishment and legacy for a fantastic guy. (Challenge Charter also continues to thrive with 500 children enrolled in grades K-6.) Our heartfelt sympathies go out to Pam, daughter Wendy Miller (who serves as CEO and principal at Challenge) and all the family & friends of the Millers. He will be missed.
Founded in 1993, the Center for Education Reform aims to expand educational opportunities that lead to improved economic outcomes for all Americans — particularly our youth — ensuring that conditions are ripe for innovation, freedom and flexibility throughout U.S. education.
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FSIS ISSUES PUBLIC HEALTH ALERT FOR POULTRY PRODUCTS
DUE TO POSSIBLE LISTERIA CONTAMINATION
WASHINGTON, Oct. 31, 2017 – The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert due to concerns that salads with chicken meat products produced by Ghiringhelli Specialty Foods, a Vallejo, Calif. establishment, may be contaminated with Listeria monocytogenes. A recall was not requested because it is believed that all products are no longer in commerce and are past their “Use by” dates.
The ready-to-eat (RTE) broccoli slaw and kale salads with chicken meat items were produced from Oct. 3, 2017 through Oct. 6, 2017. The following product is subject to the public health alert:
The products bear establishment number “EST. P-17156” inside the USDA mark of inspection. These items were shipped to retail locations in Arizona, California, Nevada and Utah.
The problem was discovered on Oct. 20, 2017 when the firm received notification from their supplier that the broccoli products used in the chicken salads were included in a U.S. Food & Drug Administration recall due to potential contamination with L. monocytogenes. The firm notified FSIS on Oct. 21, 2017. There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an illness should contact a health care provider.
Consumption of food contaminated with L. monocytogenes can cause listeriosis, a serious infection that primarily affects older adults, persons with weakened immune systems, and pregnant women and their newborns. Less commonly, persons outside these risk groups are affected.
Listeriosis can cause fever, muscle aches, headache, stiff neck, confusion, loss of balance and convulsions sometimes preceded by diarrhea or other gastrointestinal symptoms. An invasive infection spreads beyond the gastrointestinal tract. In pregnant women, the infection can cause miscarriages, stillbirths, premature delivery or life-threatening infection of the newborn. In addition, serious and sometimes fatal infections can occur in older adults and persons with weakened immune systems. Listeriosis is treated with antibiotics. Persons in the higher-risk categories who experience flu-like symptoms within two months after eating contaminated food should seek medical care and tell the health care provider about eating the contaminated food.
Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.
Consumers with food safety questions can "Ask Karen," the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 6 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.
Recommendations for people
at risk for Listeriosis
Wash hands with warm, soapy water before and after handling raw meat and poultry for at least 20 seconds. Wash cutting boards, dishes and utensils with hot, soapy water. Immediately clean spills.
Keep raw meat, fish and poultry away from other food that will not be cooked. Use separate cutting boards for raw meat, poultry and egg products and cooked foods.
Do not eat hot dogs, luncheon meats, bologna or other deli meats unless reheated until steaming hot.
Do not eat refrigerated pate, meat spreads from a meat counter or smoked seafood found in the refrigerated section of the store. Foods that don’t need refrigeration, like canned tuna and canned salmon, are safe to eat. Refrigerate after opening.
Do not drink raw (unpasteurized) milk and do not eat foods that have unpasteurized milk in them.
Do not eat salads made in the store, such as ham salad, chicken salad, egg salad, tuna salad or seafood salad.
Do not eat soft cheeses such as Feta, queso blanco, queso fresco, Brie, Camembert cheeses, blue-veined cheeses and Panela unless it is labeled as made with pasteurized milk.
Use precooked or ready-to-eat food as soon as you can. Listeria can grow in the refrigerator. The refrigerator should be
40º F or lower and the freezer 0º F or lower. Use an appliance thermometer to check the temperature of your refrigerator.
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NOTE: Access news releases and other information at FSIS’ website at http://www.fsis.usda.gov/recalls.
Follow FSIS on Twitter at twitter.com/usdafoodsafety or in Spanish at: twitter.com/usdafoodsafe_es.
USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).
