But wasn't the purpose to shift profits for tax purposes to a low-tax jurisdiction. Is that correct?
Carl Levin: “But wasn't the purpose to shift profits for tax purposes to a low-tax jurisdiction. Is that correct?”
Editor's note · Context
Levin sought clarification on the tax strategy's purpose.
Share
More from Carl Levin
I claim the time in opposition to this amendment. The Acting CHAIR. The gentleman is recognized for 5 minutes.
It incentivizes companies to ship jobs to Mexico and out of our communities like mine in southeast Michigan. Mexico has not demonstrated the will, meaningfully, to reform its labor system, and the weakness of USMCA's enforcement mechanisms…
Woman, I rise in opposition to this amendment. The Acting Chair (Ms. Pingree). The gentleman is recognized for 5 minutes.
I am prepared to close, and I yield myself such time as I may consume. Mr. Chair, while people may have all kinds of opinions on the underlying issue, this amendment is simply about sunshine. It simply is about good government: Will our…





