Mike Johnson actually said...

My advice, sir, would be simple, the same advice as Christine Legarde, the new director of the IMF, has given to the United States, which is...

If you want a fair, simple, and pro-growth system, you should tax excessive leverage in the financial system and use the revenue that genera...

It makes no sense to have a tax code that encourages that leverage, at the same time as we try and pull it back rather ineffectively with re...

But if I could just add, the tax on excessive leverage is where European Union is heading, including the UK.