Bill Archer: “In my opinion, it is not enough to achieve tax parity with the rest of the world.”

the Tax Code has been used by so many people on the outside as a means of making whatever they want to occur happen in the country.

The facts are that the current law already gives incentives to overcome the double taxation that our corporations face competing overseas, and this replaces that in the code. It does not cost $5 billion. He knows that. If there is such…

I don't think we can afford to charge our kids and our grandkids with tax cuts that we give out today.

I certainly believe that it is desirable to have bipartisanship, particularly on something that is as important as fundamental tax reform.