on the corporate side, what we think we need to do is clean up all the loopholees, lower the rates so we can be more competitive. and make it easier for small businesses to work. >> a lot of customers ship parts and the companies that aassemble them overseas. your corporate reform would require them to pay a minimum foreign tax. the companies are saying that will make them less competitive overseas. >> what we want to do is lower the overall rate by cleaning up and reducing this huge amount of loopholes across the system and that will make the system more fair for companies and it will make the investments strong for this country. as part of that, we have to be careful we're not creating new opportunities for people to ship jobs jobs and investment outside of the united states. we think an important principle for reform should be all companies pay a minimum tax on their worldwide income so you don't see, again, more powerful incentives for companies to shift jobs out of the united states. that's very important >> argument comes back from companies. they say, look, we're more competiti