And if Apple can create companies with no tax residence and create profits in those companies, and if that is going to be tolerated, couldn't all U.S. multinationals in effect do the same thing--eliminate the corporate tax for our multinationals and allow them not only to become tax freeloaders but also to offload their taxes on domestic competitors, small business, and working people?
Questioning the fairness of tax practices for multinationals like Apple.
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May I inquire how much time I have remaining. The Acting CHAIR. The gentleman from Michigan has 45 seconds remaining.
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