It is, I think, patently unfair to people who have all of their income exposed to taxation at whatever level of income, to have some who are avoiding everything that they owe through these kinds of tax dodges.
Conrad highlights the unfairness of tax avoidance by some corporations.
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I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.
We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.
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