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Basically blame feds for their own tax policy? >> right. federal taxes on wealthy residents. what you say in california, in new york about 12.7% and you're seeing a lot of the high earners moving to florida where there is zero income tax especially recently when they raised taxes. paul: you looked through the data in irs statistics recently and you monitored that. it's really dramatic how much people who pay a lot of income tax are moving. >> right. just florida gained about $40 billion in adjusted gross income between 2012 and 2015. paul: and florida has no income tax? >> again, 57% of those ...

There. and that is a fact that so many of our neighbors find themselves in this chronic and entrenched state of poverty that is completely unacceptable. >> let's talk about that. the census bureau released the annual report on poverty to show the annual rate dropped to 12.7%, the lowest we have seen since 2007, is the economy better -- so when you look at that, you're saying, well, how is this nation so angry? why are people so upset and feel like they are not getting their fair share? if you look at the numbers, those are the numbers obama touted we are doing so well. so what is it? >> we are...

8:30? tai chi. yeah, so sounds relaxing. alright, 9:53? i usually make their lunches then, and i have a little vegan so wow, you are busy. wouldn't it be great if you had investments that worked as hard as you do? yeah. introducing essential portfolios. the automated investing solution that lets you focus on your life. i got some big economic news for you here. in 2016 we just get the numbers now from the scensus from 2016. median household income, the level of which half of all households earn more and half earn less, it hit its highest level on record, clocking in at $59,000, up 3.2% from ...

I won't so much as run a stop sign again. i just look for mercy from the court system. i'm still hoping for a miracle in some way, shape or form that can get me less than seven years. >> while antonucci waits for his miracle, one thing he can count on is a letter or more specifically a postcard from his girlfriend. county, we're not allowed to get any sort of letters. it has to be a post card. most of my family does the smallest type but my girlfriend does it the smallest. i think that's a three-point font. this is eight or nine pa >> how do you even read that? >> with eyes. i can actually rea...

Environmental regulations just as one example. >> i agree with that but also what julie and gary were saying it is pretty much our loss, overturned by a judge. healthcare is not accepted by his own party but the optimism when talking about projections, the obama administration to determine, 2012, protected with 4% gdp growth was astronomically wrong, less than half of that, you have optimism with this economy. that is what i'm talking about, not that the economy has improved but optimism is helping the market go 12.7%, if you're in the market the problem is donald trump has regulations, not at...