perry's plan. the most important point of it is you have a choice. there will be an optional 20% flat tax so if you choose to do that, then you get the rest of these changes. the caps would -- caps federal spending at 18% of the gdp and ends the death tax for you. exemptions for families earning $500,000 or less. and the $12,500 standard deduction for dependents. i'm assuming that's the way it works. if you choose the 20% flat tax, then you have to choose the rest of the plan that comes with that which means you also could not write off charitable giving anymore and you would not get that mortgage deduction if you make over $500,000 a year. but you have a choice. you can stick with the plan that the irs ges you right now. >> also allow younger workers to invest in their social security, eliminate social security taxes for working seniors and you got exemptions so if you're a person, if you're watching this, u have to be a person although