You said you want to lower taxes for those making under $100,000 to zero.

Okay, so I want to read some of these numbers up.

State income taxes, which is a good amount to zero.

So I looked up with Rob and I, what percentage of Californians make less than $100,000?

That's about 70 to 75 percent make under $100,000.

And I said, tell me how much revenue the government collects from these folks,

which is mainly the 70 to 75%, that make less than $100,000.

It's about $12.5 billion to $25 billion, low, high in on how much income revenue they collect. So your policy

will eliminate that. By the way, that's not a controversial policy because Katie Porter duplicated

you. Exactly. Other people want to do the idea that you imposed. Let's go to the next one. Then you want to

lower the 13.3 to 14.4 that they have right now to seven and a half flat tax, which is a flat tax that you're introduced,

which a lot of, you know, people that are independent, libertarians, Republicans would say,

hey, we love the idea of a flat tax, right? Milton Friedman, this has been talked about. If you cut

the tax, flat tax, you end up taking the revenue that they're collecting about 120 to

$129 billion billion of revenue from income

tax, they lose another $65 billion. Yeah, that's our number. So if we go and we eliminate

under $100,000, and then you lower the 13-3 to $7.5, you lose another $60 to $65 billion.

So now you got $75 billion of revenue that's gone,

give or take. Where are you going to take the $75 billion to weigh? It's interesting because our number

was 60. I did some basic costings. It's just like that with, I was for a while. When we moved here

2012, I was at Stanford, teaching at Stanford for a couple of years. and I was also fellow at the Hoover Institution. So I worked with some of the people I knew there, some of the economists, to do a basic costing. And our number was, I think, $65 billion for the whole package. Was that 10 years ago? It was last year. Oh, it's last year. So if you do less than a hundred thousand? So that's

that you're right. It's a big, it's a big number. And the other, the other way of looking at it was, I remember when we did the math, this is last year. We haven't actually updated it for this year's budget. But when I, because I didn't want to say something crazy and unrealistic. Of all, yeah, you know.

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