Orrin Hatch actually said...

"the current corporate tax code encourages corporations to finance themselves with debt rather than with equity."

"The imposition of new withholding taxes on foreign investors is at best inconsistent with, if not in direct violation of, tax treaties."

"The proposal could have large, negative implications for our economy."

"the bias in favor of debt under our tax system incentivizes businesses to base financing decisions... on relative tax consequences."