Just a random Obama quote:
“They’re saying it’s more important to keep these tax loopholes than it is to prevent these arbitrary cuts.”
Do you know what a loophole is?
It’s a narrow hole in a castle wall that allows you to kill the invading horde in the field instead of having to fight them all after they’ve breached your defenses and are busy ransacking your treasure room.
Close that, and you have to fight the enemy inside your walls instead of outside.
Might as well pour concrete down your cannon barrels.
When Obama says he wants to “close loopholes”, what he means is he wants to wall you up in the basement while you scream “For the love of God, Montresor!” as he cements the last brick in place.