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Senate finance chair calls for tax code for the 21st century.
Camps proposal would make it harder to shift income to lower-taxed countries.
Coalition including Cisco, Microsoft and Apple shut down lobbying campaign.
Incentives for retirement savings should be simpler, says Rep. Camp.
Ways and Means approves $46 bln break in party-line vote.
Change in tax treatment of debt could make life difficult for private equity.