… $15,000 in property taxes right off the gate before you even get to state income taxes. So the $10,000 cap really had a negative impact on states like New York. We've seen a mass exodus in large part because of the cost of living. And, you know, putting the $10,000 cap on salt had a significant impact. So this is something for me about fairness. It is an issue of double taxation. (02:21–02:28)
CLAIM
Asserts that there has been a mass exodus from New York due to the cost of living.
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.