Possibly.
But when we start real analysis of this kind of thing, we can open all kinds of cans of worms.
You have no idea what can be written off taxes in other countries, or how it compares to U.S. tax laws, and neither do I. Or what difference it makes that some countries have major industries owned by the State and others don't, or that some countries pay for health care out of the taxes and not out of the bottom line of the industries. There are dozens, if not hundreds of mitigating factors.
Robert made his point on the graph numbers alone. So did I.