I have one question related to tax havens, one to tax loopholes, and one to tax gap. So my understanding, from the answer to the first question--which went to the question of tax havens--is that offshore tax havens that certain companies and individuals have been setting up in order to avoid the U.S. taxes, you have no intent in this amendment to preclude us from collecting more revenue from those who were engaged in those practices?
Questioning the intent of an amendment related to tax havens during a discussion on tax policy.
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I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
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.
Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
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