owe diddious, than odysseas papadimitriou, thanks for joining us today. >>> what changes should be addressed in tax code? who should be paying more? taxpayers or corporations? joining me right now with what they think should be done to the tax code is cbpp jared bernstein. jared, what do you think needs to happen? >> i think where you ended is precise lit directily the direc to go. you mentioned job creation here in the united states which of course hasn't been exactly stellar. at the same time we've seen soaring corporate profitability, particularly driven by the very multinationals he was talking about. so i think where i would intervene first would be in this area of international taxation, where the tax code really does as odysseas papadimitriou's findings suggest incentivize production overseas to the competitive disadvantage of domestic firms here. that's a really rich area of taxable -- >> what are you suggesting? lowering corporate rates for people here so we're more competitive? i'm not sure. >> so let me be precise. what i would suggest is ending the deferral of foreign-based earni