Paul chided the “spectacle” of bringing in executives from a company that did nothing illegal — a fact he said the committee admits.
“If anyone should be on trial here, it should be Congress,” Paul added. “I frankly think the committee should apologize to Apple. I think Congress should be on trial here for creating a bizarre and byzantine tax code that runs into the tens of thousands of pages, for creating a tax code that simply doesn’t compete with the rest of the world.”
The senator’s recommendation was bringing in a “giant mirror” so Congress could see that the problem is of their own creation. The poorly crafted tax code is what drives companies overseas, so the solution would be to realize that ours is “set too high.”
Apple did nothing illegal. I actually read where someone wrote “we helped build these corporation, and need some of the payback!” The “lo-info” people have been made to hate successful, wealthy people by the BO Admin. And, furthermore, the tax we place on these people make them want to have business overseas. “They ” just can’t realize lower taxes means more jobs…job hrs. are cut down now because they don’t want to pay for Obamacare.