Carl Levin actually said...

we eliminate those tax loopholes which give incentives to people to move jobs offshore.

Levin emphasizes the need to close tax loopholes that encourage outsourcing.

03/14/2011

More Carl Levin Quotes

Thank you very much, Dr. Coburn.

So of the $6.3 billion in revenues that come in from sales in the United States, $1.9 billion goes to the United States and the rest stays i...

I believe that you said, Mr. Ezrati, that you did not depend heavily upon these funds for your liquidity.

Thus, it appears that both courts and the IRS may seek to apply substance over form to transactions that it views as abusive.