03/15/2023
https://www.congress.gov...
"Senator Warren just stated that companies with lower U.S. tax rates are achieving those rates through loopholes and tax havens."
"Corporations will never stop trying to bend the rules. You know, when you plug one loophole, they are going to bring in armies of lawyers and lobbyists."
"How is it possible that Amazon was able to rake in profits like that and pay only a four--I think it is about a 4.3-percent tax rate, when the corporate income tax rate was 21 percent?"
"I think the rest of us would call them loopholes and tax shelters that they have used to drive down their liability."