the man who is supposed to turn that plan into theaw of the land is david camp, airm of the house ways and means committee. >> part of what we are trying to do is simplicity. 9 other piece that we are trying to accomplish is economic growth. and we think we can do that by lowering rates and closing loopholes to have a simpler and obviously more predictable code. >> so the president's critics would says that's quite a break for people who are very high income, 25%. >> they'll also lose some of the deductions that actually make their effective rate lower than the cuent published rate so this is mething that you have reallyook at wa, istheir fective rate and what is their published rate. and because there are so many exceptions, more than 5,000 in the last ten year as loan, that people are paying all kinds of different effective rates. so i think this will be more transparent it will be more predictable what your rate is going to be. >> but it sounds really popular, that we will get rid of exception and these deduction but when you look at them they are things like the mortgage deduction,