07/30/2013
https://www.congress.gov...
"Since 1980s, isn't it true that every other one of our competitors around the world--all the other countries have reformed their codes. Every one of them has, except us."
"We are having to not just compete head to head, but we are shrinking as American companies, relative to the size we should be, because of our tax code."
"The problem here is not Caterpillar. It is a broken tax code."
"I think that is very likely. In fact, you would see a lot of repatriation, wouldn't you, of the nearly $2 trillion that is now tied up overseas?"