mary starks, would you defend the wa the rates.arks, would you defend the way the water companies have . the way the water companies have been regulated? they have been allowed to borrow billions, much of which has been paid out in dividends to shareholders.— to shareholders. water is not my sector, it to shareholders. water is not my sector. it is _ to shareholders. water is not my sector, it is one _ to shareholders. water is not my sector, it is one of— to shareholders. water is not my sector, it is one of the _ to shareholders. water is not my sector, it is one of the few - to shareholders. water is not my. sector, it is one of the few sectors i haven't worked in. i do think the problems in water are quite deep—seated and they go to the environment that we live in as well. some of the problems we are having with water at the moment are to do with water at the moment are to do with extreme weather patterns and very built—up environment that means far more water is running off into the system than the system was ever designed to

mary, what is behind these very stark differences?l, and i might add that the national number could be a lot higher if it weren't for states like new york and california dragging down the average. and for no apparent reason other than high taxes and regulation which is causing human and capital flight from these states. paul: migration out of those e statements to the others. >> yes, and they take their money with them when they go, by the way. [laughter] and, you know, another thing that we have to keep in mind is top marginal tax rates, because i think those are very important. i mean, if you live in new york city, your top marginal tax rate is now around 52% all in federal, state and city. why put up with that when you don't have to? you can live somewhere else, and, you know, you can keep a small apartment in new york and come three days a week and not pay those kinds of taxes. but the problem for the middle class is that those are the people who create jobs. and and so when you have a lot of capital flight in the high earners, yo