sheridan, former senior adviser for mitt romney's presidential campaign, along with assistant managing editor of business and economics at "time" magazine, and gloria borger and political commentator paul begala and christine romans. as john lot to go through. he laid out his tax policy. the big headline, four tax rates, making them easier and fair for everyone. what is your big stayaway from trump? >> this is aspirational. all of these are aspirational. but he wants to cut taxes for everyone. and he wants to give away some of the goodies for the hedge fund managers but no hedge fund manager is going to cry over this. he's lowering the tax rate -- >> you say that because hedge fund managers are getting away with murder and they're not going to like my plan. >> talking about cutting capital gains tax, talking about eliminating the death tax, as he calls, it estate tax, and slashing the top rate to 25%. those are goodies for rich people. there are goodies for everybody. he wants to increase the percentage of americans who pay no tax at all. right now about 36% of americans pay no federal income tax. under this plan half of americans, half of americans would pay no federal income tax at all. >> this will be look at independe