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dramatically. i would propose that we get rid of individual income taxes and corporate income taxes and payroll taxes and replace it all with a value-added tax. right now according to the most -- >> so that people just understand. so what you're saying in effect, you get rid of all those taxes and put in place a national sales tax. so what you're doing is you're taxing consumption. >> right. >> which is something americans do somewhat excessively and you're not taxing income. >> and you're not taxing investment so you let things fall where they are. but think about the collateral consequence. it would no longer make any sense for lobbyists to go to washington to lobby for beneficial things for their interest groups in the tax code. right now according to the latest estimates, they have cost our economy $431 billion a year to administer the system and another $400 billion a year isn't collected because the 15,000 paid tax code is

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