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Tax, i got more state taxes. >> no, you don't. >> how so? you're not saying they're going away. >> david, your state taxes are the same. your federal tax, in most cases, are going to go down. that's muddying the water. >> "the wall street journal" says you have one on top of the other, there's a combined levy. >> that is not correct, david. let's 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 sneak attacks in theurrent code. state taxes today, whatever they ...

>> no, you don't. >> how so? you're not saying they're going away. >> david, your state taxes are the same. your federal tax, in most cases, are going to go down. that's muddying the water. >> "the wall street journal" says you have one on top of the other, there's a combined levy. >> that is not correct, david. let's 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 sneak attacks in theurrent code. state taxes today, whatever they are, zero or some number, hav...