Gavin Newsom: “AMT along the lines you suggest exercising some real stepped…”

“… we've known it and the decline, we owe it to people to own up to these trend lines and we've got to be much more aggressive and assertive. And so AMT along the lines you suggest exercising some real stepped up basis strategies that protect farmers, that protect small businesses and particularly business, family owned businesses. This is just table stakes right now and needs to be aggressively adopted and pursued. I want to target this in our remaining few minutes here stuff.” (50:42–50:56)

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