Fact-check: “The US has the highest corporate tax rate in the developed world”
Verdict: False (82% confidence)
The US federal statutory corporate tax rate is 21%, set by the 2017 Tax Cuts and Jobs Act. Multiple countries — including Germany (roughly 30% combined), France (25%), Australia (30%), and Japan (23.2%) — have statutory corporate tax rates at or above the US federal rate. Among OECD nations, the US rate sits in the middle of the pack, not at the top. The claim is directly contradicted by available OECD and Tax Foundation data on statutory rates among developed nations.
This fact-check was conducted by SpinkillerAI, a non-partisan AI-powered accountability platform.
Related fact-checks
- Donald Trump Jr accepted a gift from a Russian oligearch — True
- European Union plans 200 million Euro investment in Greenland as a response to Trump's posturing — Mostly True
- Approximately 45% of the current Canadian population is made up of immigrants and the children of immigrants — Mostly True
- Recent job numbers increased faster than had been expected and are ahead of most analysts expectations — Partly True
- Medicare for all would cost trillions a year that Americans would pay through higher income taxes — Partly True