Carl Levin actually said...

I would argue that we should have the debate that you have put on the table.

So a Cayman corporation is not subject to U.S. tax or any other corporate income tax, so they can accumulate and invest money more quickly t...

So now the question is whether or not they can avoid that impact by creating a shell corporation, which everyone agrees is a paper corporati...

But you do agree that if they violated those income restrictions in that Tax Code Section 851, they would then have to pay the corporate inc...