But Rep. Dave Camp, R-Mich., added that he thinks the Democratic president "missed the boat by not addressing the fact that the U.S. is the only country ... left in the world" that taxes corporations twice for earnings from overseas. He's also hoping for "comprehensive" tax reform that goes beyond corporate taxes to include those on individuals.
Still, Camp told host Steve Inskeep that "I think it's important that at least a step" has been taken. Now, he hopes "it's more than just a document for the campaign."
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