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Rush Limbaugh - Timeless Wisdom

Rush Limbaugh Jan 15, 2021

Rush Limbaugh - Timeless Wisdom

The Rush Limbaugh Show

News

45.3K Ratings

🗓️ 15 January 2021

⏱️ 2 minutes

🧾️ Download transcript

Summary

Rush Limbaugh Jan 15, 2021

Transcript

Click on a timestamp to play from that location

0:00.0

The rich are in the news. I love when the richer in the news. New York Governor Cuomo openly

0:05.1

worrying that rich New Yorkers have had enough. They won't stay in his high tax, high crime state,

0:11.0

even after the virus fades. Hint, they're already gone, Governor. Apparently West Coast Liberals

0:17.5

have the same fear. Democrat lawmaker introduced a bill that would force rich Californians to pay a

0:22.8

wealth surtax even if they leave the state. State Assemblyman Bob Bonta wants to levy the

0:30.0

additional tax on Californians worth more than $30 million. He claims this would only affect 30,000

0:36.7

people and would supposedly raise $8 billion. The kicker, if rich Californians try to avoid the

0:43.1

wealth tax by fleeing, they'd still have to pay the tax for 10 years. The first year after the

0:49.3

leaving, they'd pay 90% of the tax. The tax would decrease by 10% every year after that. Assemblyman

0:55.2

Bonta says that after all these rich people accumulated their wealth while in California, so why

1:00.6

shouldn't California tax them after they leave? What nerve? This brazen plan is theft, it's extortion,

1:07.8

it's punishment all rolled into one. And it's pure socialism, which is what the Democrat party has

1:13.2

become. If you are successful in life, Democrats see you as a target and a suspect, and now they

1:20.1

don't even bother trying to hide it. You should try hiding what you have.

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