Lawmakers lambaste Apple’s tax strategy as "outrageous"
U.S. Sen. Carl Levin (D-MI) (L), Chairman of the Senate Investigations Subcommittee, and U.S. Sen. John McCain (R-AZ)
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Apple came in for a bipartisan beating on Tuesday as Senators portrayed the company as a global tax avoider which exploited loopholes in the system to escape paying its fair share. Apple CEO Tim Cook is scheduled to appear this morning before the Senate’s Permanent Subcommittee on Investigations. But before then, he had to listen in silence as the leading Democratic and Republican lambasted Apple for working the system in a way they said was…
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