We currently have 2 false assertions made by David Perdue in our database.
Offices Held
- United States Senator from Georgia (2015-)
Statements
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U.S. corporate tax rate = highest in world. Right now, American companies are better off doing business overseas. We’ve got to change that.Twitter on
Claims
- The US Has the Highest Corporate Tax Rate in the World
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The US does have a high statutory rate (up to 35%), but significant deductions and exemptions mean companies actually end up paying a much lower rate; the effective tax rate is about average. Furthermore, while the statutory rate relatively high, it is not the highest in the world; that distinction goes to the United Arab Emirates with rates up to 55%.
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Tim Scott
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Donald Trump
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John Cornyn
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Pat Tiberi
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Garret Graves
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Mick Mulvaney
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Karen Handel
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Erik Paulsen
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Kristi Noem
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Dave Brat
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Kevin Brady
David Perdue has made this claim at least 2 times, from 2017-09-27 thru 2017-09-27.
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In 1986, when we lowered our corporate tax rate we were the third lowest corporate tax rate in the world. Today, we’re absolutely the highest. And we look at the rest of the world, they’ve caught up. Today, we are by far the highest corporate tax rate in the world.
Claims
- The US Has the Highest Corporate Tax Rate in the World
-
The US does have a high statutory rate (up to 35%), but significant deductions and exemptions mean companies actually end up paying a much lower rate; the effective tax rate is about average. Furthermore, while the statutory rate relatively high, it is not the highest in the world; that distinction goes to the United Arab Emirates with rates up to 55%.
-
Tim Scott
-
Donald Trump
-
John Cornyn
-
Pat Tiberi
-
Garret Graves
-
Mick Mulvaney
-
Karen Handel
-
Erik Paulsen
-
Kristi Noem
-
Dave Brat
-
Kevin Brady
David Perdue has made this claim at least 2 times, from 2017-09-27 thru 2017-09-27.
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