Sen. Rand Paul, R-Ky., this morning blasted his Senate colleagues for holding a hearing to investigate Apple for moving assets offshore to avoid taxes.
A Senate investigation revealed that Apple shielded at least $74 billion in profits between 2009 and 2012 by setting up subsidiaries in Ireland.
“I am offended by a government that uses the IRS to bully Tea Parties but I am also offended by a government that convenes a hearing to bully one of American’s greatest success stories.” Paul said, adding that the company was unfairly required to sit through a Senate hearing.
Paul made his remarks during a Senate Permanent Subcommittee on Investigations hearing with Apple CEO Tim Cook.
"I say, instead of Apple executives, we should have brought in today a giant mirror." Paul added, reminding the senators present that they were the problem, citing a "bizarre and Byzantine" tax code.
Sen. Carl Levin, D-Mich., fired back at Paul for his criticism reminding him that Apple had dodged taxes by moving assets overseas.
“Apple’s a great company, but no company should should be able to decide how much taxes to pay,” Levin said sternly.