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Take a bigger bite out of apple. it s time for organizations such as apple to reorganize their tax strategies to pay what they should and invest again in the american economy. i frankly think the committee should apologize to apple. is this a greedy company, a broken tax system? the truth about big corporate tax loopholes next. i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it s practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it s never been easier to get a jetta. that s the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month s payment on any new volkswagen. visit vwdealer.com today. on any new volkswagen. are you still sleeping? just wanted to check and make sure that we were on schedule. ....
Is 35%. but many companies don t pay that. they don t pay that because within all of these books. within all of these words, within 74,000 pages are scores, hundreds, thousands of loopholes for companies, and companies don t pay the top tax rates, including apple. this week, a top senate committee grilled apple. they wrote a scathing report that said they use subsidiaries in ireland to avoid paying taxes. all legal because of these books behind me. senator john mccain coauthored that. america s tax system is broken and uncompetitive and i have long supported efforts to modernize it. however, i will not use that position as an excuse to turn a blind eye to the strategies used by apple. but apple s ceo defended his company. we pay all of the taxes we owe every single dollar. ....