I have heard non stop on fox how in the US corporations pay the highest taxes in the world...

 

Murdoch’s News Corp Generated $10.4 Billion Profits And Received $4.8 Billion In “Taxes” From The IRS

By Tyler Durden
Zero Hedge
Call it the gift that  keeps on giving (if one is a corporation that is): the US Tax system, so  effective at extracting income tax from America’s working class, is just as  “effective” at redistributing said income tax at the corporate level. Case in  point: News Corp, which after generating $10.4 billion in profits over the past  4 years, and which would have been expected to pay the IRS $3.6 billion at the  statutory corporate tax rate, instead received $4.6 billion back from Uncle Sam. Bottom line: Murdoch’s corporation had a cash paid tax rate  of -46% between 2007 and 2010. The culrpit: two little somethings called  Deferred Tax Assets and Net Operating Loss Carry-forwards