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To: PaulCruz2016
RE :””Caterpillar is an American success story that produces iconic industrial machines,” Levin said. “But it is also a member of the corporate profit-shifting club that has transferred billions of dollars offshore to avoid paying U.S. taxes.”
Julie Lagacy, a Caterpillar vice president, was adamant that the Peoria, Ill.-based manufacturer follows all tax laws. “We pay everything we owe,” she told the subcommittee. Caterpillar got support from Sen. Rand Paul, R-Ky., who questioned why the subcommittee was even holding the hearing.
“I think rather than having an inquisition, we should probably bring Caterpillar here and give them an award,” Paul said. “You know, they've been in business for over 100 years. It's not easy to stay in business.”
Paul said Caterpillar and its accountants have an obligation to shareholders to minimize their taxes. “It is a requirement that you try to minimize your costs. So rather than chastising Caterpillar we should be complimenting them,” Paul said”

Making $$$ is immoral unless it comes from the government/taxpayers. That is what those Dems in Senate believe.

23 posted on 04/02/2014 5:40:59 AM PDT by sickoflibs (Obama : 'You can keep your doctor if you want. I never tell a lie ')
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To: sickoflibs
Making $$$ is immoral unless it comes from the government/taxpayers. That is what those Dems in Senate believe.

About as good a way to put it as anything. Somehow that kind of money is supposed to be virtuous in a way that free enterprise earnings are not!

Or to put it another way: If it's not a CAT it's a lapdog.

24 posted on 04/02/2014 5:46:09 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: sickoflibs

And yeah, sick, I’m sick of libs too, when they espouse such garbage.

The kind of being a brother’s keeper that the Lord wants is not called welfare at all! It is called P-R-I-V-A-T-E C-H-A-R-I-T-Y (our modern statist libs need it spelled out). Cat does a LOT of that. It isn’t just meowing.

And it can do more of it because it isn’t giving it to bureaucrats to take their hunk off the top before it ever goes to any needy parties.


27 posted on 04/02/2014 5:50:18 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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