It depends on what is meant by &quot;the full whack of tax&quot;.<p>If your tax bracket is 30%, nobody expects you to pay 30% of your income in taxes. No, that&#x27;s the top marginal rate, and you have deductions, and so on. This could charitably be put in the same realm -- they&#x27;re getting all of their loopholes that they&#x27;re dubiously entitled to.<p>It&#x27;s sort of like if a speeding ticket costs $200. But you know you can get away with speeding most of the time. If suddenly we had a perfectly-enforced system where you paid $200 every time you exceeded the speed limit, it wouldn&#x27;t seem &#x27;fair&#x27; even though it is, strictly speaking, &#x27;fair&#x27;.<p>However, to cost the average person the same amount, the amount per offense should really go down if enforcement is perfect.<p>In the same way, the US corporate tax rate is insanely high, but the actual amount major corporations pay is insanely low.