Obama: 'Best chance for comprehensive tax reform'

Now is our best chance for bipartisan, comprehensive tax reform that encourages job creation and helps bring down the deficit.

The American people deserve a tax code that helps small businesses spend less time filling out complicated forms, and more time expanding and hiring; a tax code that ensures billionaires with high-powered accountants can’t pay a lower rate than their hard-working secretaries; a tax code that lowers incentives to move jobs overseas, and lowers tax rates for businesses and manufacturers that create jobs right here in America.

That’s what tax reform can deliver.