WASHINGTON, DC - MAY 21: (L-R) Senate Homeland Security and Governmental Affairs Committee's Investigations Subcommittee member Sen. Rand Paul (R-KY) speaks during a hearing on U.S. tax code, saying the committee should apologize to Apple Inc. instead of 'dragging' them into a hearing about the company's offshore profit shifting and tax avoidance, in the Dirksen Senate Office Building on Capitol Hill May 21, 2013 in Washington, DC. A Congressional report released yesterday said that Apple, America's most profitable technology company, used a complex system of international subsidiaries and tax avoidance efforts to shift at least $74 billion out of the reach of the Internal Revenue Service between 2009 and 2012.
This problem is solely and completely created by the awful tax code ... If anyone should be on trial here, it should be Congress. I frankly think this committee should apologize to Apple.
I am offended by a $4 trillion government bullying, berating and badgering one of America’s greatest success stories. Tell me one of these politicians up here that doesn’t minimize their taxes. Tell me a chief financial officer that you would hire if he didn’t try to minimize your taxes legally. Tell me what Apple has done that is illegalMore quotes »
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