Steven Rattner: “We should have asked the UAW to do more. We did not ask any UAW member to take a cut in their pay.”

Sitting where we are sitting now, having done nothing really for 30 years in terms of comprehensive tax reform has cost us millions of jobs.

I think there is enormous urgency around this. We all understand the political calendar. This is the beginning of a new Administration.

I think when you look at the tax proposal that has been made by the Administration, you will see that it is very unbalanced.

83 percent of his tax plan would have gone to the top 20 percent of Americans, who would have gotten an average of a $25,000 tax cut.