Fact: As of April 1, when Japan moved forward with its rate cut, the U.S. corporate tax rate became the highest in the industrialized world. 

Fact: U.S. companies spend $160 billion dollars each year on tax compliance.

Fact: The World Bank ranks the U.S. 62nd on the ease of paying taxes in its Doing Business study.

Fact: Since 1992 the OECD combined average statutory corporate tax rate (excluding the U.S.) has declined from around 39% to 25.1% today. The U.S. combined statutory rate has remained stagnant at about 39% since 1993.