“This plan will be paid for by reducing or eliminating most of the deductions and loopholes that allow the very rich to pay lower taxes, by the repatriation of corporate cash held overseas, by putting an end to allowing corporations to defer taxes on income earned outside this country, and by cutting down or eliminating those corporate loopholes catering to special interests—in addition to those deductions that are made redundant or unnecessary by lowering the tax rate on corporations and business income. A reasonable rate of the deductibility of business interest expenses will also be phased in.”