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Pinney was asked to comment on a study of the top 500 US companies and how they avoid paying taxes by relying on certain tax loopholes. She explained that the study fails to acknowledge that the "tax loopholes" are tax allowances in the Code for such items as executive compensation, accelerated depreciation and research and experimentation credits that are provided as appropriate incentives to activity Congress has determined are productive. As Pinney put it "There is nothing heinous going on here."