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Tax breaks for profits earned overseas. take a look. >> we think $4 trillion will come back into the country, that's money overseas stuck there for years and years. it was 2.5 trilli$2.5 trillion, was $3.5, this is money stuck there for years and come pouring back into the country. >> reporter: so ta couple of things about that, as you know from having covered the business beat for so long, the president is giving an estimate there that is far above what many economists say that the win fall of these companies could bring back from overseas. then beyond the issue of the money, there is the iss...

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Executives and shareholders and a large percentages of the companies ended up laying off workers and i think we have to be. >> actually a lot of that money went to share buy backs and things like that. to jamu's point they didn't hire. but it is the company's choice. the problem with the tax code it is a political book of favors and the reason it is so hard. in goes the it is not what it was created to do. only people who can do it is the companies that have the money to hire and braniac to hire the it is stacked against africa-american.