Gavin Newsom: “That's about 850 to 1.7 billion year one year two of new…”

“I mean some folks are never going to pay taxes for years and years and years and they're just hoarding these tax credits. So we're going to put a little cap on that. And that's reflected in that second line. That's about 850 to 1.7 billion year one year two of new revenue [from capping tax credits]. Digital software I was slow to this full disclosure. I was not fully absorbing how many other states had moved with a different state of mind. Someone that lives near a Best Buy.” (35:34–35:42)

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