Wyden addresses Mr. Sherman to begin the discussion.
03/09/2010
https://www.congress.gov...
Bottom line, the President is giving multinationals a green light to pay no taxes.
We need to keep budget flexibility so we are ready if another recession arrives.
If a territorial system is adopted, lawmakers should be very serious about tough base-erosion protection mechanisms.
Business tax cuts primarily benefit those at the top of the income distribution.