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Ideological commitments in terms of smaller government and end to cronyism. what do you make of trump's entrance in that respect? >> on the carried interest question, i do think it's some place when you look at policy people, i do a fellowship at aei and half my colleagues agree there should be a way capital and labor income are taxed the same. when dave camp, the republican chairman of the ways and means committee, proposed a tax reform, he talked about closing the carried interest loophole. the problem that is when they talk about this, all of a sudden you get the left, the democrats, excite...

>> i can tell you that people at the high end, high income taxpayers, are going to have fewer deductions and exemptions. >> running mate paul ryan, the didn't fare much better on that question. >> if you take those loopholes, those tax shelters away from high income earners, more of their income is subject to taxation and that allows us to lower tax rates on everybody. what we don't want to do is cut some backroom deal like obama care and hatch it to the country. we want this out in the open. >> why not say right now -- >> because we want to have this -- george, because we want to have this de...