Tom Carper actually said...

The structures that we have examined today have real consequences because they offload billions of dollars in taxes.

Congress could go further and adopt the proposal of my colleague from Michigan, Congressman Camp, and tax all derivatives at the end of the ...

Option baskets are being misused and abused to dodge taxes and to circumvent leverage limits.

The IRS should seek to collect taxes owed on billions of dollars in basket option profits unjustifiably claimed as long-term capital gains.