>> evan jenne is based company -- steve -- would you have any others? >> volvo, a swedish company, many chinese companies are competitors. and corey as well. and others. >> and by far, chinese companies are growing their market share. in sweden the top rate is 22% so 17 points lower than combined u.s. corporate of 39.1 which was state and federal. based on public financial statements from both companies caterpillar's effective rate was 28.5% last year. the know what volvo's effective tax rate was? >> certainly lower than that. >> you have a guess? >> low 20s. >> 20%. 28.5% for caterpillar, mobile the biggest capital 20%. it sounds to me like caterpillar spent lots of money coming up with a tax strategy last year that didn't even allowed to come close to achieving tax parity with its primary rival in europe. is that accurate? >> that is -- >> you should feel guilty about it. that is accurate. that is the reality. eyewall says there is a big issue as to the ability to deploy resources to its most efficient use so it is not just the fact that the volvos of