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Analysis

FACT CHECK: Does The U.S. Have The Highest Corporate Tax Rate In The World?

Despite the high U.S. corporate tax rate, deductions and credits help push down businesses' total tax liability, meaning that many companies end up paying far less than the statutory rate. (AFP/Getty Images)
Despite the high U.S. corporate tax rate, deductions and credits help push down businesses' total tax liability, meaning that many companies end up paying far less than the statutory rate. (AFP/Getty Images)

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