05/02/2022
https://www.congress.gov...
"By locating more tangible assets abroad, a corporation is able to reduce the amount of foreign income that is categorized as GILTI."
"I hope someone will point out to the President of the United States that when I add it up, it comes to $447 billion over those 10 years, which is more than twice as much as he asked for in his infrast..."
"for the first 11 months of fiscal year 2018 we are going to expect close to a $1 trillion deficit, specifically $895 billion just in the first 11 months of this fiscal year."
"I just find it ironic, Mr. Chairman, that we have got now what is a Government program that encourages the people to move plants and equipment overseas."