In anticipation of next Tuesday’s House Ways and Means Committee hearing on corporate tax reform, the Tax Foundation has released a new "Fiscal Fact" comparing the U.S. corporate tax system to other countries around the world:

The analysis finds that although a wave of corporate income tax reduction has swept through many OECD countries in recent years, the United States continues to lag behind. The most recent OECD data show that the combined statutory U.S. corporate income tax rate of 39.3% ranks second-highest among OECD countries.

   

In comparison, the OECD average is 28.7% in 2006, a 14.9% reduction from 2000’s 33.6%.