06/27/2016
https://www.congress.gov...
"Do you end up having to negotiate between the States in terms of who gets to claim what percentage of your income?"
"I would point out--I think this is true--that if we ever do tax reform, if we ever do incentivize companies to start bringing some of that money back home..."
"So even the top 50 percent is widely dispersed, and those are large funds that also have a very diverse shareholder base in those funds."
"But, generally, if you are manufacturing in Texas, even though you might have produced a product in New York, you are probably going to be taxed--well, Texas may be wrong. Let us say Wisconsin."