Quote of the Day: Aw, You Don't Really Want Lower Taxes

Treasury secretary Timothy Geithner intends to persuade CEOs that he's got the right idea

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"There are folks who say they'd like their taxes lower, but we'll persuade 'em."

- Treasury Secretary Timothy Geithner, speaking to Judy Woodruff at The Atlantic's "Building the Economy & Jobs of the Future" event on Wednesday morning. Geithner was discussing the administration's efforts to convince corporate CEOs to support reform of the corporate tax code, even if means eliminating loopholes that have proven lucrative for certain companies.

This article is from the archive of our partner The Wire.