1 00:00:00,080 --> 00:00:02,240 Speaker 1: They're rich are in the news. I love when the 2 00:00:02,400 --> 00:00:05,640 Speaker 1: richer in the news. New York Governor Cuomo openly worrying 3 00:00:05,680 --> 00:00:08,840 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 00:00:12,119 --> 00:00:17,160 Speaker 1: virus fades. Hint, they're already gone, Governor. Apparently, West Coast 6 00:00:17,200 --> 00:00:20,680 Speaker 1: liberals have the same fear. Democrat lawmaker introduced a bill 7 00:00:20,760 --> 00:00:23,599 Speaker 1: that would force rich California's to pay a wealth sur 8 00:00:23,760 --> 00:00:28,160 Speaker 1: tax even if they leave the state. State Assemblyman Bob 9 00:00:28,360 --> 00:00:32,080 Speaker 1: Banta wants to levy the additional tax on Californians worth 10 00:00:32,120 --> 00:00:35,600 Speaker 1: more than thirty million dollars. He claims this would only 11 00:00:35,640 --> 00:00:40,400 Speaker 1: affect thirty people and would supposedly raise eight billion dollars. 12 00:00:40,400 --> 00:00:43,440 Speaker 1: The kicker. If rich Californians try to avoid the wealth 13 00:00:43,479 --> 00:00:47,080 Speaker 1: tax by fleeing, they'd still have to pay the tax 14 00:00:47,120 --> 00:00:50,040 Speaker 1: for ten years. The first year after leaving, they'd pay 15 00:00:50,159 --> 00:00:52,800 Speaker 1: ninety percent of the tax. The tax would decrease by 16 00:00:52,800 --> 00:00:56,480 Speaker 1: ten percent every year after that. Assemblyman Bunta says that, 17 00:00:56,600 --> 00:00:59,640 Speaker 1: after all, these rich people accumulated their wealth while in 18 00:00:59,680 --> 00:01:02,320 Speaker 1: Califor warn you, so why shouldn't California tax him after 19 00:01:02,360 --> 00:01:07,800 Speaker 1: they leave? What nerve this brazen plan is theft, it's extortion, 20 00:01:07,840 --> 00:01:11,600 Speaker 1: it's punishment, all roll into one, and it's pure socialism, 21 00:01:11,680 --> 00:01:14,440 Speaker 1: which is what the Democrat Party has become. If you 22 00:01:14,560 --> 00:01:18,360 Speaker 1: are successful in life, Democrats see you as a target 23 00:01:18,560 --> 00:01:21,280 Speaker 1: and a suspect, and now they don't even bother trying 24 00:01:21,280 --> 00:01:23,840 Speaker 1: to hide it. You should try hiding what you have.