Political Quotes

On the recordMay 13, 2014
first I want to thank Senator Hatch. I deeply respect his views. He is one of the most effective Members of the Senate. He has deep views and reaches across party lines to try to get things done, which I think is very important, and I respect him greatly. I want to agree with the conclusion of Senator Hatch. The problem with corporate inversion is best fixed if we do comprehensive tax reform. I believe he is right. We have two paths we can take. One is to try and reform our current tax structure, which I think will not work, and I will give my reasons why; or we can look for a competitive tax structure that is fairer to the American people and makes measures such as corporate inversions something that would not be happening in our communities. Pfizer and AstraZeneca are looking at a merger. AstraZeneca is a British company. They own major operations in my State of Maryland, affecting thousands of workers. We would think a merger between a British company and an American company would mean more jobs in America, but we know Pfizer has made certain commitments to the British Government about maintaining and expanding jobs in Great Britain, which we worry is at the cost of American jobs and jobs in my home State of Maryland. We have heard one of the reasons for the merger is corporate inversion. What do we mean by that?…
Said by
Ben Cardin
Democratic · Maryland
Source
govinfo.gov
May 13, 2014

Share

More from Ben Cardin

Dec 17, 2024

first, I want to thank Senator Cassidy for his cooperation in putting together this package. It is a package of bills that were favorably considered by the committee. They are noncontroversial. I want to thank also Senator Kelly for his…

govinfo.gov
Dec 10, 2024

I come to the floor today to say good-bye, as difficult as this may be. Marylanders have trusted me to represent them for 20 years in the Maryland General Assembly, 8 years as speaker of the house, 20 years in the House of Representatives…

govinfo.gov
Dec 12, 2024

I will withhold my request. The PRESIDING OFFICER. The Senator from Maryland. ____________________

govinfo.gov
Dec 4, 2024

If Putin hates this so much, we're sure that there are a lot of other dictators who would hate this as well.

congress.gov

Other voices in this conversation