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ceding to foreign rivals. even european companies, it is very important. the internal revenue service is willing to distinguish between royalties and tax benefits. there is very little that has been studied more than this subject. it may have been difficult a few years ago. >> and it's important that we be allowed to take tax credits where we've already paid taxes overseas. >> anybody else care to comment? >> i would just echo john's comments that it would have a devastating impact on our ability to compete overseas. this is one topic where you won't find the five companies aligned. ...

thanks so much. >> my pleasure. >> up next, reporter documenter film correspondent and author t.r. reid joins booktv for a live three our in depth interview. . . you've written by healthcare, international relations, ski resorts, the roman empire. how do you choose your topics? >> guest: well, partly -- i guess what i write for money. dr. johnson famously said no man but a blockhead ever wrote except for money. i don't even succeed. some of my books have really flopped but -- i try to find a topic that looks complicated but can be penetrated with some work. and then i try to explain ...