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. That's the approach we promote. That's the approach that we advance in our state. But again, our state of mind as it relates to the issue of a state by state wealth tax. (27:07–27:15)
CLAIM
Asserts that California has the highest tax rate for the 1%.
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