Iger told CNNMoney on Thursday that high corporate tax rates in the U.S. are “anti-competitive,” and described the country’s tax system as “ridiculously complex.”
“It doesn’t mean that a company shouldn’t pay taxes, but I think the structure is off … the tax base should be lowered, and the loopholes should be closed,” Iger said, without elaborating on potential reforms.
Iger again rejected Sanders’ arguments on Thursday, saying his company is a “positive for the United States and for the world.”
“He chose the wrong company to criticize,” Iger said. “I thought that it was indicative of a person who had never been in business and had not taken the time to really understand and appreciate what the meaning of business is to the country.”