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Apple's Tim Cook is testifying in front of a Senate subcommittee on what Apple sees as a vastly simpler corporate tax structure to replace the outdated, overly complex structure that the U.S. has today. Listen to what he had to say in his opening statement. We'll have updates later this afternoon.
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Tomorrow, Apple CEO Tim Cook will put forward the tenets of a reform plan that could fix the broken, antiquated U.S. tax code. His testimony before a Senate panel will focus on shaping a competitive, market-based tax code that has a lower rate and enhances American innovation. We need to responsibly modernize our tax structure, to help American companies create jobs and new opportunities here at [...]
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When the leader of the free world walks through a door, it is usually the audience that is in a bit of awe. But today, when President Obama visited the Applied Materials campus in Austin, Tex., the tables were turned. After touring the facility and seeing the chip assembly facility and the precision with which the team there works, the president seemed genuinely impressed. It was incredible. [I [...]
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This morning, many media accounts look at remarks from Tom Donilon, the President's National Security Advisor, on the challenges facing the U.S. relationships with many Asian nations. Among the topics he covered: the priority of the Trans-Pacific Partnership talks and the ongoing dialogue with China on cybersecurity. For the full context, you can read Donilon's remarks to the Asia Society in New [...]
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The President’s nominee to be the next U.S. Secretary of the Treasury, Jack Lew, testified at the Senate Finance Committee today and faced questions from Democratic and Republican Senators on the importance of corporate tax reform to job creation. (You can watch the archived hearing on the committee’s site.) Chairman Max Baucus, D-Mont., set the tone with his opening statement, underscoring that the [...]
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With the greatest “collection of brainpower we’ve had under this roof in a long time,” President Obama at the White House today bestowed the nation’s highest honors for invention and discovery – the National Medals of Science and the National Medals of Technology and Innovation – on an incredibly talented group of men and women. The President noted that the accomplishments of these women and men are [...]
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Right after the President’s speech in Las Vegas today, ITI’s Dean Garfield was on Bloomberg TV with the Cato Institute’s Alex Nowrasteh and Bloomberg’s Hans Nichols. While a host tried to put Dean and Alex at odds with each other, it turns out that they agree on many of the bipartisan proposals put forward in the last couple of days. You can watch the interview on the Bloomberg TV website. Highlights [...]
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At his confirmation hearing today to become the next U.S. Secretary of State, Senator John Kerry, D-Mass., was asked about cybersecurity. Here’s what he had to say in his question-and-answer round with Senator Dick Durbin, D-Ill., at the Senate Foreign Relations Committee hearing. Senator Durbin: I think you may have attended the briefing, the classified briefing for members of the Senate, Democrats [...]
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In his Inaugural Address today, President Obama combined poetry and prose as he spoke about the priorities that he will bring to his second term in office. For many of these issues, the technology sector has put forward ideas with backing from both Democratic and Republican Members of Congress. The challenge consistently has been building broader support to move policies from good proposals to new [...]
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Politico Pro and ITI member Cognizant co-hosted a great conversation this morning focused on immigration, technology, and the 113th Congress. ITI's Dean Garfield was a panelist, and made the case that there is bipartisan support in Congress for high-skilled immigration reform, and, if done right, such an approach can lead to a stronger economy and greater job creation across the country. In his remarks, [...]
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