What I'm Not Saying Is That All

If You Look At The Performance Of The Zero-income-tax-rate States And The Highest-income-tax-rate States, I Believe A Large Amount Of Their Difference Is Due To Taxes. Not Only Is It True Of The Last Decade, But I Took These Numbers Back 50 Years. And, There's Not One Year In The Last 50 Where The Zero-income-tax-rate States Have Not Outperformed The Highest-income-tax-rate States.

I Think The Inflation Prospects For The U.s. Over The Next Five Or Six, Seven Years, Are Quite Serious. You Cannot Have A Bumper Crop In Apples Without The Value Or The Price Of Each Apple Falling. The Fed Has Had The Largest Increase In The Monetary Base In The History Of The U.s., From Colonial Times To The Present, Times Ten.

With The Shrinking Of The Us Economy, And It's Shrinking Very Rapidly, You Not Only Have More Money, But You Also Have Fewer Goods. That's A Classic Double-whammy On Inflation.

It Has Always Amazed Me How Tax Cuts Don't Work Until They Take Effect. Mr. Obama's Experience With Deferred Tax Rate Increases Will Be The Reverse. The Economy Will Collapse In 2011.

The Tax Rate Increases Reduce Economic Growth; They Shrink The Pie; They Cause More Poverty, More Despair, More Unemployment, Which Are All Things Government Is Trying To Alleviate With Spending.