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Eric Trump: “I left New York because of the weaponization in New York…”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

"Prepare NOW!" Eric Trump's Shocking Prediction For Stock Prices, Bitcoin, & The US Dollar

Published October 26, 2025 | Video Starts at 49:44

He was talking today about a 52% tax rate in New York City. Well, listen, guys, I left New York, York. I left New York because of the weaponization in New York, but I left New York also because of taxes. I mean, between, you know, we left. California because of taxes. We left back in 2020. How can you blame me? I mean, let's just take to Taylor, two cities, right? (49:44–49:48)

CLAIM

Asserts that he left New York due to weaponization and taxes.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Eric Trump

“We spent over 400 million bucks in legal fees, right? Just fighting off, you know, the Russia hoax and the dirty dossiers.”
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“They want an extra, what, $2.7 trillion for health care for illegal immigrants.”
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“We haven't had nuclear power plant in this country built in 30 year period of time.”
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“There's an article in New York Times saying that the top 18,500 taxpayers in New York City paid 85% of the taxes and they all left.”
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“The spot price of bitcoin right now is, you know, 115,000 roughly.”
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“We started the three most successful, you know, crypto projects probably in history.”
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“It [national debt] might be the greatest risk that we have as a nation.”
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“Everybody knows we're the fastest growing stablecoin on, on earth right now.”
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“We mine bitcoin out of West Texas using some of the cheapest energy anywhere in the world.”
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“We mine a lot of bitcoin. We're doing it about 50% of spot prices right now for BTC.”
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“A lot of the financial institutions around the country, they were effectively told to weaponize our banks against us.”
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“It is the future, I have no doubt about it, it is the future of finance.”
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“Joe Biden had been in politics for 55 years, 56 years actually when he got out.”
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“Look at California, right? You know, they want to triple minimum wage, double minimum wage.”
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“Look at like some of these minimum wage proposals that are going up in, in New York, you know, doubling tripling minim wage.”
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“Guess what Dunkin Donuts does? You know, they just automate all of their, their processes and fire all of their employees.”
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“I got a call from the FBI and they said, we need to see you at FBI headquarters in downtown New York. There's a threat against your company.”
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“There's a cyber threat coming out of Iran.”
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“They impeach my father twice.”
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“All paid for by Hillary Clinton. Right? They made up the Russia hoax.”
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“91 indictments toward my father, debanked by every major financial institution in the country.”
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“They lied. When they raided Mar? A Lago, they said it was on behalf of NARA National Archives.”
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“They've all but admitted that it came from the White House at this point.”
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“They weaponized every bank, they weaponized every, you know, financial institution. They weaponized the doj.”
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“You have a national debt of what, 37 trillion right now?”
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“If we didn't have national debt, your taxes would be substantially less than what they are.”
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“Every single year this thing [national debt] goes up by, by an absolute fortune because the government's out of control.”
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“We're exporting energy for the first time.”
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“We became an importer of energy.”
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“We need to be energy independent.”
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“Our educational system is absolutely broken.”
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“We have an educational system in our country that's ranked 10th 30th in the world.”
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“We spend like seven to 10 times the amount per pupil educating people.”
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“My father got into office and absolutely killed that entire curriculum.”
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“I think our educational system is broken and it's a great shame.”
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“The more money that they put into the system, the more they charge [for college tuition].”
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“They'll be charging $90,000 for a degree and you know, somebody will come out with a, a basket weaving major.”
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“I think our colleges in this country have a lot of soul searching to do.”
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“I never thought that you'd have to spend $400 million defending yourself from shams because Hillary Clinton made up a Russia hoax.”
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“The only tool that we had was the fact that we had enough monetary means and allowed enough voice to be able to go and fight back against an…”
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“Without me, my father couldn't have done it right, because there would have been no one watching over the actual company.”
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“Look at where our economy is. Look at where our world is. Look at our standing around the world.”
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“Her economic plan for this country is to stop the price gauging now, I guess.”
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“A lot of places are not even making that. You know why? Because of the theft in some of these cities.”
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“They spent 30, 30, not 3, 30 years trying to build at a cost of almost $300 million to build a golf course.”
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“Network TV was. Became the. The, you know, kind of the PR arm of the Democratic Party.”
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“They literally edited all the questions to make her try and sound intelligent.”
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“New York is thinking about increasing property tax, you know, just taxes in general, even more.”
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“He wants to defund the police, as you know.”
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“Last night on Martha McAllen, he said that he wants to imprison and, you know, Netanyahu, if he ever came into to New York.”
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“I no longer vote in New York. I'm a proud Florida resident.”
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“I think if he does, in fact, increase taxes again, I think you're just gonna see another exodus from, from New York to Florida.”
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“We have a company that literally can mine a product for roughly $0.50 on the dollar.”
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“It's the only commodity in the world, the only product, the asset class in the world that can't grow.”
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“You've got 21 million Bitcoin, slightly less because some of it's been lost over time.”
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“There's no question that the Swift system is going to disappear.”
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“There's no question that finance is going to become 24 7.”
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“Crypto and what we're doing, it's growing faster than the Internet grew in the 90s.”
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“I got a letter in the middle of the night. I got it from Capital One, I got from all the banks.”
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“The biggest one was Capital One by far. Eric, in your, your accounts are all shut down.”
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“They wanted to take the rails out from under us, right? They wanted to see us bankrupt.”
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“In a lot of cases it was the actual bank and the higher ups in the bank who simply didn't agree with let's make America great again.”
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“I know it was government regulators going in and you know, they happen to flip to page 17 or whatever the hell page it was.”
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“They weaponized the IRS, [and] us against churches, against conservative causes.”
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“The United States government does [have certain crypto assets on their balance sheet].”
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“You have a lot of countries around the world that are actively buying [bitcoin].”
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“You can go to Schwab, you can buy ETFs, you can buy American Bitcoin. I mean we're listed so your stock account, you can literally go buy…”
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“Michael, what's the average, like liquidity of Bitcoin on 60 billion a day?”
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“I am dead serious about replacing traditional finance with cryptocurrency.”
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“I am dead serious about the rails of what cryptocurrency will do and having America lead the way.”
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“He's building, spending billions and billions of infrastructure, electrical infrastructure, the heaviest gauge wires you've ever seen behind…”
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“You look at one of our sites that mines bitcoin, right? Every one of these computers is literally running underwater. They're all liquid…”
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“It is real, it's tangible, it serves an amazing purpose, and it is the future of finance.”
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