share of income paid in taxes by percentage points between and .
Tax burden for the Dow 30 drops
Most of the 30 companies listed on the country’s most famous stock index, the Dow Jones industrial average, have seen a dramatically smaller percentage of their profits go to U.S. coffers over the past 40 years. Read related story.
See how taxes changed for each of the 30 companies tracked by the Dow Jones industrial average:
NOTES: Two companies, Pfizer and Hewlett-Packard, showed negative ratios between federal taxes and profits for 2012. Pfizer's tax burden was negative due to tax credits. Hewlett-Packard had a positive tax bill but negative income. Verizon's pre-2000 numbers are from Bell Atlantic, which is what the firm was called until it acquired phone company GTE in 2000 and officially renamed itself Verizon. Although Travelers' rate from 2012 was lower than in 1995, there was no discernible downward trend over the entire time period, similar to other financial firms on the list.
SOURCES: Capital IQ, U.S. Securities and Exchange Commission filings and Washington Post analysis.