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If you're a global company you are going to have jobs overseas. The reality is if we start taxing those jobs at a rate that makes them noncompetitive in those markets, the reality is that we're going to lose business.

A better way to help American companies compete against competitors abroad is to remove all series and myriad of obstacles they face in America, whether it's union rules in some states or massive amounts of regulation imposed upon them, one of the most expensive combined corporate tax rates on the planet.

One of the great dilemmas for America will be that American companies will do very well while American workers might not.

I don't know that there is much the United States can do except work with the international community.

Now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here, in the United States of America.

It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way.

I do not want to put U.S. companies in a position where their competitors are behaving in a way that is inconsistent with the way they are required to behave. That is neither fair, nor will it solve the problem.

Rather than subsidize 'American' exporters, it makes more sense to subsidize any global company - to the extent it's adding to its exports from the United States.