03/14/2013
https://www.congress.gov...
"Active income deferred, passive income was not supposed to be deferred. Is that correct?"
"The result of continuing that in 2008 and 2009 is most of your profits worldwide are now in three Irish companies that you control that do not pay taxes."
"There is a huge drain as a result."
"We have to change this system. But in order to change it, we have to understand it, not deny it."