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"We're not generating the same revenue.
"And we're both tied to the same revenue source.
And open access ends up producing at least the same revenue as the old system.
Analysts are expecting earnings per share of $2.42 on the same revenue.
Broadcasts of their sports just do not draw the same revenue.
Scott Kriens, the chief executive, said he expected about the same revenue for the current quarter.
"So just to get the same revenue, you need to raise tax rates by that much," Mr. Rattner said.
Mr. Cain said an independent analyst had examined the plan and found that it would raise the same revenue as the existing tax structure.
WHETHER any new corporate tax system is intended to produce more, less or the same revenue is expected to be a big topic of debate.
Supporters of the idea say this cascading tax can be assessed at a much lower rate and still collect the same revenue over all, spreading out the pain.
In effect, it would empower the ruling Democrats to set spending priorities (but with the same revenue pot), and thereby also hold them responsible for those decisions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com