California has the most progressive tax structure in the United States of America. There are billionaires who are sitting on equity, who don't sell it. We have billionaires that are paying those progressive taxes. We have the highest progressive tax rate in the United States of America. I long believe in that. I did sit a state of the state arguing in favor of it. And it should many ways be a model for reforms that we need to see federally. (29:37–29:42)
CLAIM
Asserts that California has the highest progressive tax rate in the U.S.
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