Very simply is how the hell do you determine it is your mark to market? Where's your asset base? How you make that determination in terms of just what the basic assessment is. We have one individual that represents one labor union in the state of California that has not collected one signature that is considering putting on the ballot after he collects signatures, a wealth tax that vast majority of labor opposes and almost everybody I know opposes. So it's not something to be panicked about, but it's part of the broader concern and narrative that's developed in this country of the haves and have nots. (06:51–07:11)
CLAIM
Asserts that a proposed wealth tax in California lacks support from labor and others.
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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