Rand Paul at the Homeland Security and Government Affairs Subcommittee hearing yesterday:
I’m offended by a government that convenes a hearing to bully one of America’s greatest success stories. I’m offended by the spectacle of dragging in executives from an American company that is not doing anything illegal. If anyone should be on trial here, it should be Congress.
I frankly think the committee should apologize to Apple. I think that the Congress should be on trial here for creating a bizarre and Byzantine tax code that runs into the tens of thousands of pages, for creating a tax code that simply doesn’t compete with the rest of the world. This committee will admit that Apple has broken no laws, yet we are forced to sit, and Apple is forced to sit through a show trial, at the whims of politicians when in fact Congress should be on trial for chasing the profits of great American companies overseas.
HT: Don Boudreaux