It's about how do you rebuild faith that if we do move to significantly higher levels of taxation, Nordic levels of taxation, that people are going to get from that. What they get is a $4.1 trillion economic output built on the basis of a formula, as Friedman would say, for success with a conveyor belt. Friedman here? No, Tom in this case. Oh, Tom Friedman. I'm staying closer to home. I wanted to see what Friedman we were talking about. I'm giving some reverence to Tom. (55:57–56:06)
CLAIM
Asserts that California's economic output is $4.1 trillion.
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