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accelerate our business in growth and provide service to americans across the country. thank you. my time is expired. senator hatch? thank you, mr. chairman. this question is for the entire panel. ideally tax policy should not distort business decisions, but unfortunately the tax code does exactly that. it is categorized by a high statutory rate, lopsided incentives that encourage the use of debt instead of equity. actually it discourages or penalizes u.s. and multi-nationals from repatriating foreign earnings back to the united states where they can be invested to create jobs. is it true that lower corporate taxes would create lower investment opportunity in the united states? it would seem to me that a lower u.s. corporate tax rate makes it more likely that proposals for investment would meet your targeted rate of return. to build on mr. duke s comments, a lower tax rate lowers or cost of capital, and that makes more projects attractive. as we look at how to h ....