claim: "there are so many loopholes ... our businesses pay effectively one of the lowest tax rates in the world."
author: barack obama
evidence_1: aug 7, 2017 ... yes, the u.s. does have the highest corporate tax rate ... but that doesn't mean  businesses always pay it. ... the idea is to lower the statutory rates but close  some of the loopholes that push those effective rates so far from the statutory  rates. one other way to put ... there are a number of factors at play here.
evidence_2: apr 24, 2017 ... but the plan ignores the realities of the tax system and the massive numbers of  corporations that pay no or few taxes in any given year. as a result, the effective  rate corporations pay now is already close to that 15% level. a major cut in top  rates without eliminating huge numbers of tax loopholes would ...
evidence_3: mar 9, 2017 ... executive summary. profitable corporations are subject to a 35 percent  federal income tax rate on their u.s. profits. but many corporations pay far less, or  nothing at all, because of the many tax loopholes and special breaks they enjoy.  this report documents just how successful many fortune 500 ...
evidence_4: aug 31, 2017 ... he said that the rate, which is technically one of the highest in the world,  suffocates american businesses and compels them to ship jobs overseas. but  that's inaccurate on a number of levels. “it's a bit misleading because our  corporate tax code is riddled with loopholes and what corporations pay is far, ...
evidence_5: 288 big and profitable fortune 500 corporations paid an average effective federal  tax rate of just 19.4% from 2008 to 2012. ... countries, but the average effective  tax rate — the actual rate paid after deductions and credits — is slightly lower  than our competitors, according to the congressional research service (crs).