They're doing it so that they can funnel the money to the public employee unions, like the teacher unions that run that state. So they're going to end up getting less revenue if it passes. They've already driven off probably $1 trillion in wealth. And that's just with the threat of it passing, hasn't even passed yet. And so this is rinse and repeat. But they're not trying to do what's in the public interest. They're trying to service these entrenched constituencies and further their left wing agenda. (04:39–04:46)
CLAIM
Asserts that California has lost approximately $1 trillion in wealth due to the threat of a proposed tax.
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.
