International Corporate Tax Rate Comparisons and Policy Implications [December 28, 2012] [open pdf - 433KB]
"Advocates of cutting corporate tax rates frequently make their argument based on the higher statutory rate in the United States as compared with the rest of the world; they argue that cutting corporate taxes would induce large investment flows into the United States, which would create jobs or expand the taxable income base enough to raise revenue. President Barack Obama has supported a rate cut if the revenue loss can be offset with corporate base broadening. Others have urged on one hand, a revenue raising reform, and, on the other, setting deficit concerns aside."
CRS Report for Congress, R41743
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html