William G. Gale

I think almost all of the major tax expenditures could be trimmed, curtailed or eliminated. I don’t think any stand scrutiny with the possible exception of charitable contributions. But even there, if you said that’s got to change because the other ones are changing, I would not object.

The moral argument is: Who should bear the burden of the cost of government? Ryan is moving the burden down the income spectrum. The Buffett plan is moving the burden up the income spectrum.

Everybody has the same reaction the first time they get hit with the [Alternative Minimum Tax]. I'm on the AMT? There must be a mistake.