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so-called tax expenditures. that number is based on the value of tax expenditures out there on a 39.6% top tax rate. in other words, that 1 thrill-plus number of tax expenditures is derived based on their value relative to these higher tax rates. so that is exactly the point that we've made. we should talk about tax reform, but we should do it beginning at the tax rates from the clinton era for high income earners. if you look at the simpson-bowles hi-def sit numbers they presume that additional revenue as part of their tax plan. martha: is it your understanding that some concessions that are being made by republicans and others, lindsey graham and others, is it your understanding that they are willing to get there by raising tax rates or willing to get there by raising revenue through real tax remember form in. >> no, my understanding is those, for example, senator

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