So the U.S. Government, you could argue, will be a net beneficiary if we ever get our tax house in order.

Thank you, Mr. Chairman.

We are punishing ourselves. And if we want to grow America, we want more companies to succeed in our country, make money welcome.

In other words, there is an assumption that because Apple made a really good deal with the overseas taxing authorities that that is somehow bad for America.

So do you really think there is a fix to it?

Who are these people? Is there a Mr. Apple out there? No. It is us.

Do you end up having to negotiate between the States in terms of who gets to claim what percentage of your income?

So we need to make sure that we are very competitive globally, and when we are competing against tax jurisdictions around the world that are willing to cut a deal, should corporations take advantage of that?

I do not recommend that we tax worldwide income, at least at the full U.S. tax rate.

But in the end, Apple is selling a product, and so you are really talking about where do you tax the manufacturing income.

But, again, that would eliminate the inability--and that is basically what we have had.