FOXNEWSW FOX Business Bulls Bears July 16, 2011
state that tried to raise marginal tax rates for quote unquote risk. 18 out of 18 times, a it didn't raise taxes, it suppressed the taxes and number two, suppressed gdp of the state and taking the play book where it didn't work in the states, we are trying to do it nationally and grow the pie bigger, that's how you get more tax revenue and we're missing the boat. >> brenda: caroline, are we? >> i think that what toby is referring to at the state level, not the same as the federal level. they're able to coin their own money. but what's happening in terms of president obama wanting to ...