join me in welcoming my colleague, paul winfrey. paul. [applause] >> thanks, john. we are pleased to have with us dr. eleanor bush cuts. a david and jones -- senior fellow at the hoover institute at stanford university. he is a world-renowned expert in a number of areas but especially technician having served on tax for spirit he has a bachelor's degree from washington university in st. louis and a phd from washington university. please join me in welcoming dr. alan bush cut. [applause] alan and i will engage in a little bit of a discussion here and then open it up for questions. first of all i would like to welcome david to our tax reform talk show. we don't have a live band but if you want to play some games then i'm open. so let's get this thing kicked off. and your seminal book you wrote that economists and politicians of all persuasions agree on three main points. the federal income tax is not simple. to come the federal income tax is not costly in the federal income tax is not there. can you elaborate this points for us? >> share. for those of you who may be i

please join me in welcoming my colleague paul winfrey. paul. [ applause ]. >> thanks, john. we're pleased and honored to have with us today dr. tkpwaourb qaa. having served on president reagan's task force. he is also part of the flat tax. he has a bachelor from st. louis. please join me in welcoming the doctor. [ applause ]. so thanks. we've got a -- allen and i will engage in a little bit of a discussion here. then we will open it up for questions. but, you know, first of all, i'd like to welcome david to our tax reform talk show. i'm sorry. we don't have a live band to play. but if you want to play some games, like smashing eggs on our foreheads, i'm open. so let's get this thing kicked off. in your book on flat tax you wrote economist and politicians of all persuasions have three main points. one, federal income tax is not simple. two, federal income tax is not costly. three, federal income tax is not fair. can you elaborate on these points for stphus. >> sure. >> for those who may be interested or haven't seen any of the versions of the books bob and i have done. we put