warren buffett says as has president obama, look, we did a lot better when taxation was higher, actually. if you look at the '80s and '90s. it is an inarguable fact that high taxation on wealthy people in particular doesn't inhibit their investment. you're one of the wealthiest men in america. is that true? >> well, i think it's a very bad time to be raising taxes. that i can tell you. now, every once in a while i look at exxonmobil making billions and billions of dollars a quarter, billions. more money than the united states makes. and we're subsidizing them. ridiculous. okay? whether you like it, whether you don't like it, it doesn't make any sense. the way i look at like the exxons and the oil companies, they've been in cahoots with our enemy which is opec. think eve been in cahoots. their the ones that distribute the oil. opec takes it out of the ground and they distribute it. for us to be subsidizing and exxon and other companies like exxonmobil is absolutely insane and ridiculous. now, as far as the plans are concerned, before we can start raising taxes this country has to get goin