Taxation is the first step to get there. It's a little technical, but if you don't tax capital gains, the state doesn't even get that much revenue from capital gains taxation. And yet If we become a zero capital gains tax state, capital owners from across the country are going to choose Ohio as a place to own those assets. So that's number one is education, relieve economic burden created by the government through the form of taxation. And then number three is automatically consequence of, number two, turn around this depopulation problem we have where people are having fewer kids. (1:05:04–1:05:12)
CLAIM
Asserts that eliminating capital gains tax will attract capital owners to Ohio.
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.
