Tim Geithner: “Why should somebody running a private equity firm or a hedge fund face lower taxes on income than a teacher and…”

I think it's inevitable that the Congress and the administration come together and reform, comprehensively, the U.S. tax code.

the only way to restore fiscal responsibility and still preserve the commitments we need to make to our retirees and national security, is by a modest increase in the effective tax rate for the Americans who are in the best position to…

I believe, as does the President, that there is no plausible way for us to address the many economic challenges facing the country, including our unsustainable fiscal deficits, without asking those most fortunate few to pay a modestly…

It would be better for the country for Congress to provide some certainty about how we are going to address these long-term fiscal problems.