Big 2 US Phone Communications Cos (AT&T and Verizon) Total US Federal Effective Tax Rate Paid In Most Recent Five Years Was Only 13.8%, 21.2% Below the US Federal Statutory Tax Rate of 35.0% ................................................................................ Yeah, That's Even Lower Than Big 2 US Oil's 14.6% US Tax Rate Paid ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes on These Large Corporations By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0% and Also Doubling Down on First Year Bonus Tax Depreciation, Which Enormously Benefits Both AT&T and Verizon ...................................................................................... At December 31, 2016, AT&T Had a $58.7 Bil Deferred Tax Liability, Predominately Related to Accelerated Tax Depreciation, Which Under the Trump Tax Proposal Will Be Reduced By the Reduction in Tax Rates or By 15%/35% For an Increase in After-Tax Earnings of $25 Bil ........................................................................................ Likewise at December 31, 2016, Verizon Had a $46.0 Bil Deferred Tax Liability, Mostly Related to Accelerated Tax Depreciation, Which Under the Trump Tax Proposal Will Also Be Reduced By the Reduction in Tax Rates or By 15%/35% For an Increase in After-Tax Earnings of $20 Bil ..................................................................................... No US Industry Comes Out Better Under the Trump Tax Proposal Than the Phone Communications Industry, Just Like No US Industry Came out Better Under the PATH Act of 2015 Than the US Phone Communications Industry: They Must Have Some Exceptionally Effective Tax Lobbyists ...................................................................................... Do You Think Either AT&T or Verizon Customers Will Get Any Breaks on Their Monthly Phone Bills From These Massively Lower US Federal Income Taxes Bestowed on Both AT&T and Verizon By Both the PATH ACT of 2015 and, Even Much More Substantially, By the Trump Tax Proposal? There is No Way!

Based on a review of their audited annual income tax footnotes filed with the SEC, below are the US Federal Income Tax Paid along with the US Pretax Income of both of the Big 2 US Phone Communications Companies:

																Total	Total
																5 Years	5 Years	5 Years
	2016	2016		2015	2015		2014	2014		2013	2013		2012	2012		2012-16	2012-16	2012-16
	US	US		US	US		US	US		US	US		US	US		US	US	Effective
	Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax	US Tax
	Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income	Rate Paid
	mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s
AT&T	2,915	20,911		2,496	21,519		1,610	10,244		3,043	27,903		451	10,439		10,515	91,016	11.6%
Verizon	7,451	20,047		5,476	27,639		2,657	12,992		(197)	28,833		223	9,316		15,610	98,827	15.8%
Total	10,366	40,958		7,972	49,158		4,267	23,236		2,846	56,736		674	19,755		26,125	189,843	13.8%