Fox Business, The Willis Report, May 4, 2011 Host Gerri Willis
http://video.foxbusiness.com/v/4677710
“We’re definitely losing some money through what’s called transfer pricing, where corporations operating in the United States, as well as other countries, find ways—legal ways typically—of locating their profits in countries that have lower tax rates. It’s a problem that the United States faces. It’s faced by other leading economies that have relatively high tax rates, as well, although our tax rate is among the highest, and that means our problem is more severe.”