# Corporate vs. personal taxes

**URL:** <https://boards.straightdope.com/t/corporate-vs-personal-taxes/326381>\
**Category:** Factual Questions\
**Created:** [October 15, 2005, 5:58pm UTC](https://boards.straightdope.com/t/corporate-vs-personal-taxes/326381 "2005-10-15T17:58:55Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [October 15, 2005, 5:58pm UTC](https://boards.straightdope.com/t/corporate-vs-personal-taxes/326381/1 "2005-10-15T17:58:55Z")

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I thought I just heard that in the 1950s corporations in the U.S. paid 37% of taxes. Today they only pay 10%, with the balance coming from individuals. Anyone have a cite for this?

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**Author:** ![Barbarian](https://avatars.discourse-cdn.com/v4/letter/b/e19adc/32.png) [@Barbarian](https://boards.straightdope.com/u/Barbarian)\
**Post date:** [October 16, 2005, 7:59am UTC](https://boards.straightdope.com/t/corporate-vs-personal-taxes/326381/2 "2005-10-16T07:59:57Z")

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Try the Treasury Department and Office of Management and Budget. They just released figures on Friday showing the U.S. deficit this year will _only_ be $319 billion, instead of the $412 billion forecast.

Corporations pay about 13% of U.S. taxes, as long as your consider social security deductions from your paycheque-- that’s about 40% of the total gov’t income.