Congress Wants To Take A Tax Bite Out Of Apple

Tim Cook is going to have an interesting day today. The CEO of Apple will be testifying before the U.S. Senate Permanent Subcommittee on Investigations, which would love to know how Apple has managed to avoid paying billions of taxes. Given the loopholes in U.S. corporate tax laws, Cook might save himself a lot of stress and just hold up a mirror in response to the senators' questions.