larry: you know, mike falkander, when you go through all the biden proposals, they want to raise these the individual tax, which goes into calculating the corporate tax, they want to raise the tax on dividend which is the same as capital gains. that goes up too. and the obamacare investment tax. so when you put all of that in there, they're actually raising it by about a third, they're raising the tax burden by about 1/3, mike falkander, and i don't think that kind of analysis has seen the light of day properly, a third higher tax, all-in with all of their little mini tax hikes? >> that's right, larry, because not only do they want to do the things you just mentioned but they're looking to raise the share repurchase tax. larry: right. >> looking to implement a tax on unrealized capital gains. so if you think about all of that activity they're assuming that will have no impact on what companies do but as scott just said the bulk of the burden actually flows through to consumers and workers. you would see reductions in employment, you would see lower wages. you would see higher prices