Max Baucus: “They will impose a 35 percent additional tax -- in addition to normal taxes, to anybody who got a bonus.”

It will not work because they will not do it.

I'd be hard-pressed to think of anyone more qualified than Danny Werfel to lead the IRS during this critical time of rebuilding.

In fact, the opposite was just the case. They kept complaining to us about our restrictions of technology transfer to China.

I think it's very unwise. Get ratchet up the rhetoric to a point we're getting too close to the tripping point where something disastrous might happen.