wouldn't that be nice if the taxes were simple so you could do that yourself and payless? could fire bob. when we come back, a better way to tax. john: have you read the wonderful book yet? it just cannot in paper book. know they can't response to the conceit that they can x everything they can do and should not try. government fails to individuals succeed. but individuals can succeed when devil is costly in-your-face taking your stuff and telling you you cannot do d it does more of that ast grows. receivers it has grown bigger under every president of both parties and makes me wonder was there ever a president who did not gro government? there were a couple including this one. calvin coolidge is never on the best presidents west but he should be says amity shlaes the author. she wrote about college and he stopped growth. >> when he left office 1929 the federal government was smaller than when he came in 1923. john: but the know what also the political class, he is not liked. >> politicians of either party like to grow government and he shrinkage and i found it was fascina

wouldn't that be nice if the taxes were simple so you could do that yourself and payless?could fire bob. when we come back, a better way to tax. john: have you read the wonderful book yet? it just cannot in paper book. know they can't response to the conceit that they can fix everything they can do and should not try. government fails to individuals succeed. but individuals can succeed when devil is costly in-your-face taking your stuff and telling you you cannot do and it does more of that as it grows. receivers it has grown bigger under every president of both parties and makes me wonder was there ever a president who did not grow government? there were a couple including this one. calvin coolidge is never on the best presidents west but he should be says amity shlaes the author. she wrote about college and he stopped growth. >> when he left office 1929 the federal government was smaller than when he came in 1923. john: but the know what also the political class, he is not liked. >> politicians of either party like to grow government and he shrinkage and i found it was f

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particularly interesting example because of foot side every person who pays more is that some people payless in fact, actually, the overall system could be a lot more efficient at using build an overall sense in the first order, but also in the sense that you have a rule that says that smokers pay more and non-smokers pay less. is that just as some people more and some people paid less. the rule itself make society better off because people are encouraged to stop smoking. the question is, when you're talking about harmon benefit come out you deal with the difference between a potential harm to one individual that might be outweighed by a benefit to another individual verses the overall collective assessment of harm, and in that sense that is not just a hypothetical concept but already with the sec looks at to what benefit of the policy statement that was issued in 1980 to consumers who work in competition so they already have a sense that this is collected. have you deal with that? >> i'm going to keep this to one because there are a bunch of tentative hands going up. anyone for response? >>

and the companies payless taxes. there's outrage. it seems to me an odd juxtaposition. going forward that tension that chris highlighted is interesting one to watch. >> you mentioned it's possible the u.k. may have taken their queue from romney and the terrible contribution with the personal return. he might have had that big of global reach. >> as we were talking about before, and as my deputy publisher reminds me names sell newspaper and headlines matter. this is -- 100% i agree with john. it's nothing that watch. what is going on in the multinational area and it's fascinating from all facet name cell newspaper, ge paid no taxes. go read that hmm. >> good. well, i'm opening to the members to ask questions. please identify yourself and news organization when you ask your question. >> hi, dave beal, free lancer from minnesota. how much more -- question for chris or either of the others if you can chime in, if you want. how much more fully developed, quote, unquote or maybe on steroids would be tax expenditure world be now compared within 1986? there are a lot of differe