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Despite the high U.S. corporate tax rate, deductions and credits help push down businesses' total tax liability, meaning that many companies end up paying far less than the statutory rate.

FACT CHECK: Does The U.S. Have The Highest Corporate Tax Rate In The World?

Yes, the U.S. does have the highest corporate tax rate ... but that doesn't mean businesses always pay it.

CHARTS: Here's How GOP's Tax Breaks Would Shift Money To Rich, Poor Americans

Neither the House nor Senate proposals do much for the lowest-income Americans, and some higher-income people could gain a lot.

Florida Republican Sen. Marco Rubio, shown in July, had threatened a "no" vote on the bill because he wanted a more generous child tax credit for working families. He said Friday he will vote for the measure.

GOP Releases Final Tax Bill As Rubio, Corker Boost Path To Christmas Passage

The two Republican senators had been holdouts, but now the bill appears on track for passage next week.

GOP Releases Final Tax Bill As Rubio, Corker Boost Path To Christmas Passage

The two Republican senators had been holdouts, but now the bill appears on track for passage next week.

The Fearless Girl statue stands facing the Charging Bull as tourists take pictures in New York City. The smaller statue was moved this week.

Gone Girl: Lower Manhattan 'Fearless Girl' Statue Is 'On The Move'

Fearless Girl appeared across from the Charging Bull on the eve of International Women's Day in 2017. It has now been removed and will be placed in front of the New York Stock Exchange.

Trump SoHo Hotel Condominium looms over its neighborhood of Hudson Square in lower Manhattan.

Trump SoHo: A Shiny Hotel Wrapped In Glass, But Hiding Mysteries

Trump SoHo, which soars with glass panels, is far from transparent. Its back story — a murky source of funding, a developer with a criminal past — may shed light on how Donald Trump did business.

San Diego Mayor Kevin Faulconer (center) with recipients of this year's MetroConnect prize for local companies seeking to expand internationally on Aug. 1, 2017.

15 San Diego Companies Get A Boost To Expand Abroad

The local businesses that won this year's MetroConnect prize range from breweries to biotech, from software to solar.

Oyster farmer and scientist Lisa Calvo leads a team of women that harvests oysters along the New Jersey coast. Calvo says she is inspired by the tenacity, skill and grit of women now coming into the industry.

On East Coast Oyster Farms, 'Women Are Rising Up From The Bay In A Big Way'

More women are joining their male peers among the ranks of oyster farmers. This could be because of growing marine science programs — and a desire to have a hands-on connection with the food system.

Then Republican presidential candidate Donald Trump (center) and his family prepare to cut the ribbon at the new Trump International Hotel on Oct. 26, 2016, in Washington, D.C.

Questions Linger About Trump's Foreign Business Ties And The Emoluments Clause

As the president's 100th day in office approaches, he still is facing questions about garnering business profits from foreign sources.

Nicole Kushner Meyer (third from left), the sister of White House senior adviser Jared Kushner, poses at a promotional event in Shanghai on Sunday.

Kushner Family Business Pitch In China Prompts Questions About Investor Visas

Jared Kushner's sister recently pitched a New Jersey project to investors in China. Such investors could get a crack at an immigration visa to the United States in exchange for $500,000.

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