A "Savings Tax"?!?! (02/10)
The John Kobylt Show
Premiere Networks
4.3 • 799 Ratings
🗓️ 11 February 2026
⏱️ 35 minutes
🧾️ Download transcript
Summary
The John Kobylt Show Hour 3 (02/10) - CA State Assemblyman Carl DeMaio comes on the show to talk about the Democrats wanting to implement a "savings tax." More on the "savings tax" that is being pushed in Sacramento. Residents are upset about the homeless, crime and prostitution on Western Ave. Nithya Raman lives in a $2 million dollar home.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:04.7 | KFI AM-640. |
| 0:06.5 | You're listening to the John Cobel podcast on the I-Hart Radio app. |
| 0:10.7 | An hour before Tim Conway and I reveal the big news. |
| 0:17.5 | The big announcement. |
| 0:19.4 | It's very exciting. |
| 0:22.8 | You should be on the edge of your seat your stomach's nervous |
| 0:24.7 | sweating maybe |
| 0:26.6 | it's all ahead in an hour right |
| 0:28.6 | you're sweating oh yeah |
| 0:30.3 | you don't sweat |
| 0:31.6 | when I work out sometimes I do |
| 0:34.0 | we have Carl DeMaio coming on here. |
| 0:40.5 | Carl DeMio says that the Democrats have killed a bill that would protect middle class taxpayers |
| 0:46.9 | from having to pay a savings tax. |
| 0:51.1 | A savings tax. |
| 0:52.4 | I hadn't heard this. |
| 0:58.8 | Let's get Carl on since he knows so much. Carl, how are you? |
| 1:06.2 | I'm doing fine, but now you've got Democrats finding more ways to get in your wallet or your purse. |
| 1:27.7 | Now, let me start out. Wait, I need you on the real, you're on speakerphone or something. It's very muffled and distant. That's better. Can you hear me? Yes, now I can. Okay. So the savings tax is what the Democrats call a wealth tax. But no, no. Wealth makes you feel like you're wealthy. A savings tax is what they're really going after. |
| 1:33.6 | They're saying that we should tax, not just your income, not just sales, not just gas, |
... |
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