Gavin Newsom: “States like Texas and Florida, the most regressive tax…”

“That's real. It's not imagined. It's very, very real. So we have a progressive tax structure, the most progressive in the country, by the way. States like Texas and Florida, the most regressive tax structures, they tax their lowest wage earners more than we tax our highest wage earners. They are the high tax states. We have the highest tax rate for the 1%. But for working folks and middle class, it's a very different tax structure.” (26:33–26:42)

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.