On the recordDecember 16, 2009
We have an extraordinarily inefficient system that is hemorrhaging revenue to offshore tax havens.
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congress.govWe have an extraordinarily inefficient system that is hemorrhaging revenue to offshore tax havens.
Conrad criticizes the current tax system's inefficiency and revenue loss.
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I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.
What we have done is really removed employers with 500 or fewer employees from all of that headache.
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.
I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.