Jim McDermott
The Public Record
I appreciate your willingness to approach this topic on a bipartisan basis because I suspect there is quite a bit we agree on.
The Affordable Care Act put us on a path towards reforming post-acute care and many promising ideas are being developed and tested. As the Medicare Trustees' Report illustrates, the Medicare program is stable and strong, however, we should…
They avoided $92 billion worth of taxes. Fifty-eight companies accounted for 70 percent of that.
So with our own economy, we haven't done anything about poverty in this country. Poverty is about where it was.
Now, I am trying to figure out, when you tell me that Apple and my local company, Starbucks, ... who is it that benefits from this untrapping?
I have been sitting on this committee listening to the fact that we need to reduce the tax rate to 25 percent on corporations, that that would make them competitive worldwide.
I would not recommend enacting a provision that is targeted towards job creation.
So you would suggest maybe that we should put in provisions that would require them to invest it in things that produce jobs in this country, would you?
It is unacceptable in every way for a government agency to unfairly scrutinize any organization because of their political affiliations.





