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They'll be out of a job. >> the thing that is so enraging about this, the only people that benefit under the system are people that can afford an army of lawyers and accountants and lobbyists and they get the loop holes. it's absolutely disgusting. i have to say to austin, so delighted to hear you concerned about spending and how we're going to pay for it. >> martha: thank you guys. austan and charlie, a pleasure. still ahead tonight, is defense secretary general mattis contradicting the president on trans-genders in the military and north korea? maybe. but maybe not. how the take on this may ...

Cuts but doesn't explain how he intends to pay for them. so i think we're back in this holding pattern where he's put the ball in congress's court, mitch mcconnell made clear he's going to try to do this with only republican votes, and we're going to have to see whether they're going to actually blow a $6 trillion hole in the deficit or try to close deductions or what the president called loop holes or something to come up with the $5 trillion to pay for it. >> martha: the loop holes are what this is about, charlie. reducing the number of loop holes and that will cause pain for corporations as...

This job done. and i don't want to be disappointed by congress. do you understand me? do you understand? understand. [applause] >> congress. i think congress is going to make a come back. i hope so. i tell you what, the united states is counting on it. [applause] >> here are my four principles for tax reform. first, we need a tax code that is simple, fair and easy to understand. that means getting rid of the loop holes and complexity that primarily benefit the wealthiest americans and special interests. our last major tax rewrite was

Code, eliminate special interest loop holes, and i'm speaking against myself when i do this, i have to tell you. and i might be speaking against mr. cook. and we're both okay with it. is that right? it's crazy. we're speaking -- maybe we shouldn't be doing this, you know. but we're doing the right thing. [applause] >> true. and allow the vast majority of our citizens to file their taxes on a single simple page without having to hire an accountant. second, we need a competitive tax code that creates more jobs and higher wages for americans. it's time to give american workers the pay raise that ...

31 years ago. it eliminated dozens of loop holes and special interest tax breaks, reduced the number of tax brackets from 15 to 2, and lowered tax rates for both individuals and businesses. at the time it was really something special. since then our tax laws have tripled in size and the tax code itself now spans more than 2,600 pages, and most of it is not understandable. tax rates have increased and special interest loop holes have crept back into the system. the tax code is now a massive source of complexity and frustration for tens of millions of americans. in 1935 the basic 1040 form that ...