mr. bernstein and myself agree on the need to fundamentally reform the system.porate tax rates are the highest in the industrialized world at 35%. we double tax profits that are earned overseas and our r & d treatment is adverse as compared to our international competitors, so i think we need to move forward on each of those fronts. >> we all know, to be clear, but there's been no action, a i'm sorry for every day that passes, every session of congress that passes, this -- you are seeing -- this is a major deal, a major u.s. company that is now doing this because you guys. >> indeed. >> have failed to get ahead of this issue so what are you going to do about it now? >> allow me to agree with you, perhaps with more stray densy than you put it forward. we need to in a bipartisan way to overhaul the tax code and need to find areas of agreement if we can't overhaul the code and bring down the corporate rate and improve how we treat overseas profits. let's deal with the r & d portion which we'll do in the ways and means committee tomorrow, we'll make that r & d credi

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