The Tax Foundation has released its third tax video:

U.S. companies pay among the highest corporate tax rates in the world, even after accounting for all deductions and loopholes, according to a new video produced by the Tax Foundation. This explanation of “effective” tax rates for corporations, based on recent academic studies of tax systems around the globe, is the third in a 5-part series on corporate taxes. “The impression that a large number of U.S. companies are using loopholes and creative accounting to get out of paying taxes could not be more wrong,” said Tax Foundation president Scott Hodge. “American corporations are consistently paying at the highest levels in the world, and that burden impacts their ability to compete both at home and abroad.”