Under Canadian law, which I just read--this is section 37 of the Canadian Food and Drug Act--it said any item, whether it be packaged food, drug, cosmetic, or other devices--and if that item is imported and exported, not to be consumed or utilized in Canada, then it is not under their regulatory scheme.
Discussing Canadian regulations on imported and exported items during a floor speech.
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If you do really good tax reform, you do not need energy tax issues. Let the marketplace work.
I do not defend 199, period. I think Congress--when you are rewriting the tax code, you should have a uniform corporate rate, not a lower rate for manufacturing.
Law makers must carefully distinguish between the need for tax credits which may operate as subsidies, compared to more favored tax deductions which are expensed as part of ordinary business operations.
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