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October 17, 2011
Tax, i got more state taxes. >> no, you dont. >> how so? youre not saying theyre going away. >> david, your state taxes are the same. your federal tax, in most cases, are going to go down. thats muddying the water. >> "the wall street journal" says you have one on top of the other, theres a combined levy. >> that is not correct, david. lets try this one more time. state taxes are there today. the current tax code is a 10 million word mess. you have probably 100 -- you have thousands of loopholes...
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>> no, you dont. >> how so? youre not saying theyre going away. >> david, your state taxes are the same. your federal tax, in most cases, are going to go down. thats muddying the water. >> "the wall street journal" says you have one on top of the other, theres a combined levy. >> that is not correct, david. lets try this one more time. state taxes are there today. the current tax code is a 10 million word mess. you have probably 100 -- you have thousands of loopholes and tricks and what i call s...