Secretary Stackley, when is Congress likely to be advised of the Navy/Department of Defense (DOD) LCS program reevaluation?
We just can't have that. It's not acceptable.
I have spoken at length about LCS--most recently on the Senate floor just yesterday.
It must be the unwavering policy of the U.S. to support an election in April 2014 that will provide a new leadership team for Afghanistan an...
Again, I just am curious why it is that you would pay--even with the overseas profits, that you would still pay a higher effective tax rate ...
You heard that the first panel of witnesses said that the IRS was not doing their job. Would you agree with that?
To this day, do you believe that there is any violation of the tax code as it was written then?
Caterpillar obviously can deliver a replacement part anywhere in the world in 24 hours or less.
So when there is something this egregious going on, it requires a congressional hearing to get the IRS to carry out their responsibilities.
So even though there are significant profits made by your overseas operation, you still pay an overall effective tax rate of 29 percent?
And that would be sufficient incentive, you think, for them to bring that home, a 20-percent rate, roughly?