Tuesday, November 21, 2017

Praxair Paid US Federal Income Tax Rate of 18.5% in the Most Recent Five Years, 16.5% Below the Statutory US Federal Income Tax Rate on Large Corporations of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes on Large Corporations By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0% ...................................................................................... Praxair Also Has $12 Bil of Foreign Earnings It Will Be Able to Repatriate Cheaply Under the Trump Tax Proposal

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 Praxair:
















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
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s



















Praxair        266          954
       205        980
       291     1,004
         94        890
         14          880
       870       4,708 18.5%