Monday, November 20, 2017

McKesson Paid US Federal Income Tax Rate of 15.5% in the Most Recent Five Years, 19.5% Below the Statutory US Federal Income Tax Rate of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0%

Based on a review of their audited annual income tax footnotes filed with the SEC, below is the US Federal Income Tax Paid along with the related US Pretax Income for each of the most recent five years of the 2 US Giant Drug Wholesalers:

















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
Drug Wholesaler mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s



















McKesson        524       5,772
       658     2,319
       453     1,893
       484     1,554
       (84)       1,562
    2,035     13,100 15.5%
Cardinal Health        273       1,772
       633     2,050
       424     1,733
       521     1,665
       451          651
    2,302       7,871 29.2%