Carl Levin actually said...

Is it fair to call that 'profit shifting'?

Caterpillar is an American success story that produces iconic industrial machines. But it is also a member of the corporate profit-shifting ...

So from the beginning, the decision to use CSARL and direct Caterpillar's non-U.S. profits to Switzerland was to shift profits to a low-tax ...

Tax avoidance through the use of dubious tax loopholes costs the treasury tens of billions of dollars each year, making it harder for us to ...