Sheldon Whitehouse

It's also unfair because it builds a bias in favoring big companies.

We ought to be able to get rid of that nonsense.

That kind of mischief ought to have no place in our tax code.

It's only five stories high, only a couple of windows wide, clearly as Kent would say, the business was being done in Ugland House was monkey business, rather than real business.

My sincere hope is that every Senator here understands the significant incentives multinationals have over domestic companies by paying half the corporate rate on their overseas profits.

Senator Whitehouse has sponsored legislation as one promising way forward.

I think the high point was Senator Johnson's confidence that we may be able to find some bipartisan action here

That kind of mischief ought to have no place in our tax code.

It's also unfair because it builds a bias in favoring big companies.

We ought to be able to get rid of that nonsense.

And that's billion with a B just to be clear, Senator Braun.

Testimony in this Committee says that the fossil fuel annual subsidy in the U.S. every year is over $600 billion.

That small firms that don't have the advantage of having these subsidiaries offshore have to pay the full statutory rate.

It's only five stories high, only a couple of windows wide, clearly as Kent would say, the business was being done in Ugland House was monkey business, rather than real business.

My sincere hope is that every Senator here understands the significant incentives multinationals have over domestic companies by paying half the corporate rate on their overseas profits.

Senator Whitehouse has sponsored legislation as one promising way forward.

I think the high point was Senator Johnson's confidence that we may be able to find some bipartisan action here.

It's also unfair because it builds a bias in favoring big companies.

We ought to be able to get rid of that nonsense.

That kind of mischief ought to have no place in our tax code.

I am certain that the Tax Cut and Jobs Act of 2017 also known as the Trump Tax Law, remains divisive in the United States Senate.

The fossil fuel annual subsidy in the U.S. every year is over $600 billion from the International Monetary Fund.

My sincere hope is that every Senator here understands the significant incentives multinationals have over domestic companies by paying half the corporate rate on their overseas profits.

Senator Whitehouse has sponsored legislation as one promising way forward.

I hope that we can agree that allowing international tax shelters like that... is bad policy.