Orrin Hatch actually said...

"I think that it is actually one of the most terrible ideas that I have ever encountered."

"That is going to reduce employment, reduce capital at-risk, reduce entrepreneurship, and reduce a tremendous amount of the American spirit."

"But corporate tax reform should really be viewed as part of business tax reform, which is the subject of our hearing today."

"This would be a way to take the whole United States investment management industry and send it out of the United States."