Speaker 1: They're rich are in the news. I love when the
Speaker 1: richer in the news. New York Governor Cuomo openly worrying
Speaker 1: that rich New Yorkers have had enough they won't stay
Speaker 1: in his high tax, high crime state even after the
Speaker 1: virus fades. Hint, they're already gone, Governor. Apparently, West Coast
Speaker 1: liberals have the same fear. Democrat lawmaker introduced a bill
Speaker 1: that would force rich California's to pay a wealth sur
Speaker 1: tax even if they leave the state. State Assemblyman Bob
Speaker 1: Banta wants to levy the additional tax on Californians worth
Speaker 1: more than thirty million dollars. He claims this would only
Speaker 1: affect thirty people and would supposedly raise eight billion dollars.
Speaker 1: The kicker. If rich Californians try to avoid the wealth
Speaker 1: tax by fleeing, they'd still have to pay the tax
Speaker 1: for ten years. The first year after leaving, they'd pay
Speaker 1: ninety percent of the tax. The tax would decrease by
Speaker 1: ten percent every year after that. Assemblyman Bunta says that,
Speaker 1: after all, these rich people accumulated their wealth while in
Speaker 1: Califor warn you, so why shouldn't California tax him after
Speaker 1: they leave? What nerve this brazen plan is theft, it's extortion,
Speaker 1: it's punishment, all roll into one, and it's pure socialism,
Speaker 1: which is what the Democrat Party has become. If you
Speaker 1: are successful in life, Democrats see you as a target
Speaker 1: and a suspect, and now they don't even bother trying
Speaker 1: to hide it. You should try hiding what you have.