CSPAN Newsmakers February 15, 2015
Guest the proposal that the administration has put out is to use pro Growth Business tax reform to pay for our bill. And actually our proposal actually works in reducing Corporate Tax rates by removing the 35 tax rate that would apply to overseas foreign earnings that currently arent taxed as theyre sitting over there but if they were brought back there would be a 35 rate that would apply to them. Our proposal would be to tax those untaxed corporate earnings overseas once at 14 21 reduction, and to bring those over here the proceeds of that over here to put to work for infrastructure would pay...