This chart demonstrates the "progressive" nature of the u. s. tax code in that income tax rates increase dramatically as the level of income rises. the top corporate average tax rate is

According to this chart, the top corporate average tax rate is 35%. In the United States, large corporations that are profitable paid in an average effective tax rate of roughly 12.6% in 2010. The corporate tax rate set by the federal government is listed as 35% and can even jump up to 39.2% when state rates are included.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan