steve forbes, elizabeth macdonald, john tamny and we're proud to welcome jessica. >> thanks for having me. david: the democrats are coming out with the same formulas of taking more money away from the private sector and giving it to the government. is there room in that formula for compromise? >> absolutely not, david. this is a waste of time. the democrats just want the old redistribution, soak the rich, transfer payment philosophy. the only way they're going to compromise when they did 30 years ago after ronald reagan thrashed them in the 1984 elections on the tax issue and democrats came back on the tax bill. right now the republicans have to go on their own and when you lower the burden on people you get more growth, more jobs, more opportunity. david: jessica, we can put up on the screen the terms that the democrats laid out. the tax reform conditions. among them is don't cut taxes for the wealthiest 1%. it's not that i'm standing up for the 1%, but i just want to point out the top 1% paid 40%, just about 40% of all the income tax. isn't there a limit to how much you can tax these