Byron Dorgan: “I know where there is $104 billion. That would have been the tax paid on that amount that was repatriated that my…”

“I know where there is $104 billion. That would have been the tax paid on that amount that was repatriated that my colleague and some of the others offered a 5.25 percent income tax rate to recently. They said to the biggest enterprises in the country: If you have done business overseas, you bring that money back, and we will give you a 5.25 income tax rate. No other American gets to pay that low a tax rate. But the result was about a $104 billion giveaway. So I know where there is some revenue perhaps. I wish we had been quite as concerned about revenue back then when it was given to the largest companies in the country.”