So even though 60 percent of your sales are overseas, what percentage is that? Almost two-thirds...
The CFPB is run by a single, politically appointed Director.
You are very powerful. You are very aggressive.
Everyone on this committee, and probably in Congress, agrees that we needed some changes to how our lenders were making ...
There is a great concern in the part of the country where I live, in rural Wisconsin...
Now I think with this rule we have swung the pendulum all the way over to the other side, instead of maybe going back to...
But I think what we are starting to see here too is an agreement that we understand one size doesn't fit all.
So we need to make sure that we are very competitive globally, and when we are competing against tax jurisdictions aroun...
I do not recommend that we tax worldwide income, at least at the full U.S. tax rate.
There was a sincere effort to try to make sure that we did something to promote transparency.
I would point out--I think this is true--that if we ever do tax reform, if we ever do incentivize companies to start bri...
And they are looking at all this corporate structure, they are looking at all the transfer prices, and they are basicall...
So even the top 50 percent is widely dispersed, and those are large funds that also have a very diverse shareholder base...
But, generally, if you are manufacturing in Texas, even though you might have produced a product in New York, you are pr...
But what if a business manager felt that was too onerous and couldn't they just divest themselves of those companies?
But, again, that would eliminate the inability--and that is basically what we have had.
So, again, those folks benefit from the fact that Apple is able to retain more of its profit by not paying out taxes to ...
So the U.S. Government, you could argue, will be a net beneficiary if we ever get our tax house in order.