Steven Rattner: “Sitting where we are sitting now, having done nothing really for 30 years in terms of comprehensive tax reform has cost…”

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.

Tax cuts are fine, but they do not pay for themselves, they simply don't.

I would not want to see that be part of the equation to come up with a tax plan that doesn't increase the deficit.