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Valuetainment

“You’re Killing Generational Wealth” - High Tax States PUSH Families & Businesses OUT

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 27 March 2026

⏱️ 15 minutes

🧾️ Download transcript

Summary

Patrick Bet-David breaks down the growing divide across U.S. states as some push to tax the wealthy while others move to eliminate income taxes entirely. The panel explores how tax policy impacts economic growth, migration, and why overtaxing high earners could drive businesses and residents out of key states.

Transcript

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0:00.0

Jamie Lang and Sophie Haboo have arrived on Disney Plus.

0:04.5

We're having a baby.

0:05.5

We're having a baby.

0:07.2

I've always wanted to be mom.

0:09.4

And we're bringing you on our journey through everything.

0:12.4

I have no idea what we're doing.

0:13.6

Thank you. I have more of an idea.

0:15.6

I think of it like a Tamagocchi.

0:17.8

At the end of all of this...

0:20.0

We're going to have a little baby.

0:21.6

Raising Chelsea, a Hulu original series streaming April 2nd exclusively on Disney Plus.

0:27.2

18 plus subscription required T's and T supply.

0:30.4

Tax the rich or kill income tax.

0:32.0

The states are divided on what to do.

0:34.5

This is a barren story a couple days ago, and it's not, I mean, it's truly what's

0:38.5

going on right now. Some states just want to tax the crap out of you. Some states are saying, like DeSantis, who was on Hannity yesterday, and Hannity asked him, are you going to be running in 2020? He says, I don't know. So, of course you have to run. It's just get a better marketing campaign, but for him, he wants to get rid of property taxes.

0:56.5

So here's a story. get a better marketing campaign, but, you know, for him, he wants to get rid of property taxes.

0:56.5

Yeah. So here's a story. Let me read it to. Page 21. Oh, I'm sorry, it says page 21, but it's not

1:02.6

on page 20, or page 10. So page 10 tax the ridge or kill income taxes. Let's go to this.

1:09.1

While you're pulling it, while you're pulling it up, Pat, you know, we talk a lot about housing, affordability, the price of the home, as well as interest rates, right? But a huge chunk of that is the enormous rise we've seen in insurance costs and property taxes. And that's part of the affordability problem that no one talks about. It's true. It is very true. So let me read this to you.

1:27.9

U.S. States are heading in a different direction on tax policy, reflecting diverging views of wealth

1:33.0

and economic growth. California has grabbed headlines with a proposed ballot initiative for a one-time,

...

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