up for debate. sometimes people will make the argument and this is the one that sounds compelling to me, right, which is that there is a wedge opened up between the rate that is on the books and what people are actually paying. we have a huge problem with loopholes and enforcement and all sorts of ways people hide income that are entirely legal, in the tax code. we now know some of the funds in romney's portfolio are domiciled in the cayman islands, which is usually a way of evading taxes. how do you deal with that issue? there's a libertarian argument that says the system will be gained. you have to come up with something simple. as someone who studies the mechanics of this, what is the response to that argument? how do you deal with the gaming that's happening, that's manifestly happening? >> well, you know, i believe in democracy. and we elected leaders who did these things. the reason the tax code is exploding isn't because of you and me, chris, it's because -- or the viewers of this show, it's because of favors being handed out in return for