Detailed text transcripts for TV channel - CNN - 20170429:13:38:00
Grow. go ahead. >> look, michael, that's exactly correct. a, the u.s. has the highest rate on the books and our companies do not pay that rate. if you look at how much corporate profits are as a share of the economy, they are the highest they've ever been and the actual taxes paid by american companies are below average for high income countries. if you look around the world, as you say, there are far more factors than taxes involved. the lowest tax rate in the world of countries that have corporate taxes is uzbekistan, the region that has the lowest taxes is europe. neither of those are blowi...