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HEARING: Chairman Camp Announces Hearing on the Need for Comprehensive Tax Reform to Help American Companies Compete in the Global Market and Create Jobs for American Workers

May 12, 2011 — Hearing   

Focus Of The Hearing:
The hearing will examine how the current structure of the international tax rules might distort economic decisions and the allocation of resources in ways that reduce employment for American workers and hamper the efforts of American employers to compete with foreign companies in global markets.  In the context of comprehensive tax reform that substantially lowers marginal rates on individuals and corporations, the hearing will investigate which reforms to the international tax rules might improve the ability of American companies to compete and create jobs.

Witness List:

Panel 1
Greg Hayes
Senior Vice President and Chief Financial Officer, United Technologies Corporation
Testimony        (Truth in Testimony)

Edward J. Rapp
Group President & Chief Financial Officer, Caterpillar Inc.
Testimony        (Truth in Testimony)

James T. Crines
Executive Vice President, Finance, and Chief Financial Officer, Zimmer Holdings, Inc.
Testimony        (Truth in Testimony)

Mark A. Buthman
Senior Vice President and Chief Financial Officer, Kimberly-Clark Corporation
Testimony        (Truth in Testimony)

Panel 2
James R. Hines, Jr.
L. Hart Wright Collegiate Professor of Law, University of Michigan Law School
Testimony        (Truth in Testimony)

Dirk J.J. Suringa
Partner, Covington & Burling LLP
Testimony       (Truth in Testimony)

Jane Gravelle
Senior Specialist in Economic Policy, Congressional Research Service
Testimony

Transcripts

Click here to view archive hearing video

SUBCOMMITTEE: Full Committee    SUBCOMMITTEE: Tax