There were many key points in Pam Olson's address before the senate committee explaining the ways in which the US is continuing to create tax codes that are not advantageous to companies wanting to expand in the global market. One key point that I found to be interesting is that she points out that the tax code has not kept pace with economic changes. The overly complex tax system in place creates additional burdens on US companies while trying to comply with their own tax system and the countries in which they operate. These additional costs create a competitive disadvantage for US companies whereas a country with a simpler tax system does not incur these costs. Repatriation of profits leads to double taxation. This will affect how a company may choose to make investments. Companies may choose to move operations away from the US to become more competitive and to avoid the loss of capital over additional taxes incurred from operating in the US and overseas. This in turn takes away from the US economy and affects the employment of US citizens. Changing the tax on repatriated income and improving foreign tax credits would encourage businesses to expand globally. Currently