1 00:00:00,080 --> 00:00:02,280 Speaker 1: They're rich are in the news. I love when the 2 00:00:02,440 --> 00:00:05,640 Speaker 1: richer in the news. New York Governor Cuomo openly worrying 3 00:00:05,720 --> 00:00:08,879 Speaker 1: that rich New Yorkers have had enough they won't stay 4 00:00:08,960 --> 00:00:12,040 Speaker 1: in his high tax, high crime state even after the 5 00:00:12,160 --> 00:00:17,200 Speaker 1: virus fades. Hint, they're already gone, Governor. Apparently, West Coast 6 00:00:17,239 --> 00:00:20,720 Speaker 1: liberals have the same fear. Democrat lawmaker introduced a bill 7 00:00:20,760 --> 00:00:23,600 Speaker 1: that would force rich Californians to pay a wealth sur 8 00:00:23,800 --> 00:00:28,200 Speaker 1: tax even if they leave the state. State Assemblyman Bob 9 00:00:28,400 --> 00:00:32,120 Speaker 1: Banta wants to levy the additional tax on Californians worth 10 00:00:32,159 --> 00:00:35,640 Speaker 1: more than thirty million dollars. He claims this would only 11 00:00:35,680 --> 00:00:40,400 Speaker 1: affect thirty people and would supposedly raise eight billion dollars. 12 00:00:40,440 --> 00:00:43,480 Speaker 1: The kicker. If rich Californians try to avoid the wealth 13 00:00:43,520 --> 00:00:47,120 Speaker 1: tax by fleeing, they'd still have to pay the tax 14 00:00:47,159 --> 00:00:50,080 Speaker 1: for ten years. The first year after leaving, they'd pay 15 00:00:50,200 --> 00:00:52,800 Speaker 1: ninety percent of the tax. The tax would decrease by 16 00:00:52,840 --> 00:00:56,520 Speaker 1: ten percent every year after that. Assemblyman Bunta says that, 17 00:00:56,640 --> 00:00:59,640 Speaker 1: after all, these rich people accumulated their wealth while in 18 00:00:59,680 --> 00:01:02,840 Speaker 1: calip Foreornia, so why shouldn't California tax him after they leave? 19 00:01:03,720 --> 00:01:08,600 Speaker 1: What nerve this? Brazen plan is theft, it's extortion, it's punishment, 20 00:01:08,600 --> 00:01:12,000 Speaker 1: all roll into one, and it's pure socialism, which is 21 00:01:12,000 --> 00:01:15,600 Speaker 1: what the Democrat Party has become. If you are successful 22 00:01:15,640 --> 00:01:19,440 Speaker 1: in life, Democrats see you as a target and a suspect, 23 00:01:19,640 --> 00:01:21,960 Speaker 1: and now they don't even bother trying to hide it. 24 00:01:22,360 --> 00:01:23,840 Speaker 1: You should try hiding what you have.