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Caitlyn Jenner schools Jimmy Kimmel on America’s corporate tax rate

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Caitlyn Jenner schooled late-night host Jimmy Kimmel Tuesday night, informing him that the U.S. does, in fact, boast the highest corporate tax rate in the developed world. (Image Source: YouTube Screenshot)

Caitlyn Jenner has long said it’s harder to “come out” as Republican than as transgender, and that proved to be true during her appearance Tuesday night on ABC’s “Jimmy Kimmel Live.”

About two-thirds of the way through their discussion, Jimmy Kimmel decided to give Jenner a hard time about voting for President Donald Trump, and it quickly turned into a current affairs lesson for the late-night show host.

Before answering Kimmel’s questions, Jenner made it clear that she planned to vote for the Republican on the ticket, regardless of who it was, because she supports “limited government” and “grew up in a country where you actually said the Pledge of Allegiance to the flag at school” — a line for which the former athlete received hardy applause.

Moments later, a clearly flabbergasted Kimmel asked Jenner what the president has done that she believes is good. Jenner said she likes Trump’s appointment of Justice Neil Gorsuch to the Supreme Court and approves of the president’s efforts to lower regulations on business owners.

Then came the big one — Jenner voiced support for Trump’s calls for lower taxes. She said it’s “tough” to conduct business in the U.S., though she’d like the country to be “the best place in the world to do business.”

“I don’t want massive regulations. I don’t want massive taxes,” said Jenner, formerly known as Bruce Jenner. “Especially since we’re the highest taxed country—”

“Not true! Incorrect!” Kimmel loudly interjected, apparently feeling confident about his declaration.

Jenner clarified that the U.S. has the “highest corporate tax in the world.” Kimmel, suddenly puzzled by his guest’s comments, said, “I don’t know. I’ll have to look it up.”

As it turns out, a simple Google search shows that Jenner is, in fact, correct. In 2014, PolitiFact confirmed that the U.S. does boast the highest corporate tax rate in the developed world.

Of the 34 nations included in the Organization for Economic Co-operation and Development, a group of the world’s most advanced and industrialized countries, the United States ranks No. 1 in corporate taxes, with a rate of 39.1 percent. For perspective, the OECD average is 24.1 percent.

It should be noted that, according to the Tax Foundation, the U.S. is exceeded by only two non-OECD countries — the United Arab Emirates (55 percent) and Chad (40 percent). Both nations have a higher statutory tax rate than the U.S., but the UAE is governed by a monarchy and Chad is considered a developing country.

The White House announced Monday that Trump administration officials are aiming to lower the United States’ corporate tax rate to a little over 20 percent. On the campaign trail, the president vowed a 15 percent rate, but is now concerned such a low percentage would increase the federal deficit.

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