"I'm quite hopeful with some of the progress. That progress alone isn't going to solve this problem, but is certainly a step in the right direction."
"I applaud your comments about fundamental fairness and inequity to American taxpayers and the way this jeopardizes our system."
"some proposals under discussion in Congress would incorrectly 'blacklist' the Isle of Man as an 'offshore secrecy jurisdiction' or a 'tax haven.'"
"it's hard to get a precise number."
"Cooperation, not competition, is the solution to the offshore tax abuse problem."
"This hearing provides us the first opportunity to look more closely at the tools to address this issue."
"Congress should enact and the President should sign S. 506/H.R. 1265, the Stop Tax Havens Abuse Act."
"You believe it would be good for the IRS to have stop tax havens adopted?"
"This hearing deals with a very important topic to every American taxpayer, business, or individual who's playing by the rules."
"Well, I couldn't agree with you more. It's not only what's illegal, but what's legal that should not be legal because it's inequitable to businesses here in the United States."
"if there's that much tax evasion, we don't just need a sledgehammer, we need something bigger than that, because it's very unfair."