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California Billionaires Fleeing Wealth Tax?
00:08:31
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| This is an iHeart podcast. | |
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| Marco Rubio, our Secretary of State, just absolutely crushed it on his A-game today, going before the Senate Foreign Relations Committee. | |
| We'll play some of the highlights coming up. | |
| We'll get analysis. | |
| Mike Lee, Senator, Utah, is on that committee. | |
| That's coming up straight ahead. | |
| A lot of interesting news, blue states versus red states. | |
| A big front page article, New York Post today, California Post, Democratic strongholds in New York and California will lose six congressional seats after the 2030 census. | |
| Texas and Florida will gain eight seats. | |
| And it's even worse than that when you get into the internal part of the story because you look at the map and it's devastating as red states are now going to be picking up major, major seats in the country. | |
| And it's going to be New York minus two. | |
| Pennsylvania, I see, is losing a seat. | |
| Looks like Michigan and Wisconsin will lose a seat. | |
| And Illinois is going to lose a couple of seats, which is very interesting. | |
| And then we have red states and places like South Carolina, Georgia, Florida, and Texas and Idaho and Arizona and other places. | |
| They're all picking up seats. | |
| I mean, that's going to be after the 2030 census. | |
| Interesting on that front. | |
| Again, before we get to our top stories tonight, a great story. | |
| And I know most of you don't really care a lot about California. | |
| What do we care about California? | |
| I don't care about California. | |
| I mean, I have friends there. | |
| I care about them. | |
| There's a whole story. | |
| Now, there's a ballot referendum coming up in California in November. | |
| On this ballot referendum, it is whether or not to tax. | |
| By the way, not just billionaires, but I mean, we're a little over a month into an industry-wide conversation in the tech industry that has largely been dominated in California. | |
| And at this point, most people know the conversation was triggered by this ballot proposition floated by the state's largest healthcare union seeking to legalize the first of its kind asset seizure targeting, for now, billionaires. | |
| Now, if you're in the tech industry and you live out in California, a lot of those tech people, they all became billionaires, not millionaires, but billionaires. | |
| And anyway, so this article written by Mike Solana points out that he spoke to 21 billionaires about the prospect of this wealth tax, and they discussed whether they left or are planning to leave California. | |
| Most of them are. | |
| What a wealth tax means for the technology industry and how they all plan to fight back. | |
| And the proposal, you know, among the men I interviewed, impacted by the ballot proposition, none are willing to speak on the record. | |
| I don't blame them. | |
| There's definitely a sense that you'll be attacked and singled out. | |
| And the average nerd is conflict avoidant, he puts there. | |
| One man said. | |
| And the ballot proposition was constructed in a way as it technically not solve any of the stated problems. | |
| It was ostensibly written to address, chief among them, filling a massive budget hole in the Medi-Cal program. | |
| That is the state's Medicaid program. | |
| And they're in, you know, paying all of these as a sanctuary state and all the sanctuary cities in California. | |
| They're paying billions and billions of dollars in health care for illegals that get this health care. | |
| And anyway, the promise is it was never tenable, but the futility of this ballot proposition has left most men impacted with the sense that the ballot proposition's true purpose is to humiliate them, disrupt them, their personal lives, and hurt their companies. | |
| What this proposition is, is a wealth tax. | |
| Now, imagine you work your heart out. | |
| You develop technology. | |
| God gave you the gift to understand the technology, which I did not get that gift from God, I promise you. | |
| Linda can attest to that fact. | |
| How good am I with technology? | |
| Not great. | |
| I hate it. | |
| It's not your strong suit. | |
| It's not. | |
| And I don't want it to be my strong suit. | |
| I have no desire. | |
| So of the people that he spoke with in an informal poll that he did, 70% at least are going to leave the state of California. | |
| He said he spoke to around 10% of the billionaires in the state. | |
| And of the people that he interviewed that would be impacted by this measure, all of them, by the way, including the Democrats that are die-hod proponents of revitalization, for example, of San Francisco, they all have developed an exit strategy. | |
| Here's the interesting part. | |
| They're all going to leave now before the vote takes place. | |
| In other words, there's going to be a massive financial migration out of the state of California. | |
| Now, Governor, well, he's not really governor. | |
| I guess full-time Trump stalker, podcaster, Tweety Bird, world traveler Gavin Newsom says he's against it, but he's not out there really fighting. | |
| He's not in California doing much of anything. | |
| Donald Trump now had to step in to help the people in the Pacific Palisades and say that they have a right to get their building permits expedited. | |
| And, of course, Gavin, oh, we don't need you involved in California business. | |
| Well, the days you show up, you're too busy doing your podcast or stalking Trump in some way to actually take care of the people in the Pacific Palisades because most people can't get a building permit. | |
| This is how radical leftists are. | |
| But anyway, so can you imagine you work hard, you become successful, you pay your taxes, federal taxes, state taxes, the highest state income tax in the country, the highest sales tax in the country, the highest gas tax in the country, the highest corporate tax in the country. | |
| And now they want to come in after they've already taxed you and you've paid taxes. | |
| Now they want to take another chunk of your apple and the money that you have saved. | |
| It's your money. | |
| It's not the government's money. | |
| And they want to take 5% of it. | |
| Now, I don't want their 5%. | |
| I think it's, frankly, legalized stealing of people's money at that point. | |
| And they want to come in and do it retroactively. | |
| And these people, I don't know people that have been successful in life that are dumb people. | |
| If you become a billionaire, there's got to be a certain level of intelligence that you have that helped you not only build out technology that people want, need, and desire, but also do it in a way and create a business model around it where you can accumulate that level of wealth. | |
| I actually applaud ingenuity. | |
| If you look at the men that built America, the Carnegies and the Rockefellers and I can't even think of all Henry Ford and all these people. | |
| Their life story is interesting. | |
| Those that built out America's rail system, those that, you know, built out America's cities, those that, you know, built out starting with the Model T. | |
| It's just fascinating to me. | |
| And hard driving that they are and devoting their lives and putting a lot of risk in the hopes of great reward. | |
| And then they're successful. | |
| Now the government wants to come in and just steal your money. | |
| It's legalized theft. | |
| But that's how crazy the left has become. | |
| Anyway, I digress a little bit here, but 20 out of 21 California billionaires interviewed by the California Post, which is their version now of the New York Post, which just started this week, say they're making plans to flee the state because of this wealth tax ballot measure. | |
|
Complex Far-Left Network
00:04:07
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| If it passes, but they have to do it now. | |
| What we are learning to advance the story that is going on out of Minneapolis, there is a New York Post story today, the complex far-left network that helped put Alex Predi in harm's way, including encrypted chats, street alerts. | |
| And we have been going over this in some detail, but they did a long, long investigative piece on this, as well as Fox Digital, and this coordinated web of encrypted chats, street alerts, tracking, really stalking, ICE in a sophisticated database. | |
| Fox News Digital first broke the story, shows that the agitators were already mobilized at the scene where Alex Predi was, in fact, killed minutes before any shots were fired. | |
| Again, you can bring up the issue of carrying a gun. | |
| I have no issues with life. | |
| I believe in the Second Amendment. | |
| But if I'm on my way and I'm going to be confronting law enforcement and engaging with them, and you have a loaded gun, it is a situation that lends itself towards a predictable disaster. | |
| Anyway, ICE agents, Border Patrol agents were there to arrest an illegal immigrant criminal. | |
| This guy shows up with others outside a donut shop to meet them as part of a strategic pattern of organized interference with law enforcement operations. | |
| Over the following hours, we have learned that this is a national network of socialist, communist, Marxist, Leninist cells within the U.S. that have leveraged the tragic fatality into a nationwide protest operation, while the grief and outrage over this guy's death is genuine. | |
| I feel sorry for him and his family. | |
| Apparently, his family was begging him not to do this and saying, don't be involved in this. | |
| And I wish for his family's sake and for his sake, he would have listened. | |
| But anyway, they have real-time rapid response and using short sensational video clips, emojis as a weapon of propaganda, offering a window into what is an orchestrated, disciplined, logistical messaging, coordination of far-left, quote, warriors fomenting insurgency-like confrontation with law enforcement and authorities. | |
| And the level of engineered chaos, you know, is really not unique to Minneapolis, to be very honest with you. | |
| But they have this encrypted, there's a messaging app called Signals and Encrypted Signal Messages. | |
| And it shows in real time that the anti-ICE rapid responders actively tracking, broadcasting, summoning backup wherever these federal agents were trying to do their job, preventing them from doing their job, obstructing them from doing their job. | |
| And they call themselves rapid responders. | |
| They made 26 entries into a database. | |
| They called Minnesota ICE Plates in the critical hours before and after the killing, documenting the license plate numbers, details of ICE vehicles. | |
| And the entry it wrote 344 read at Nicolette, whatever, murder, chronicling a black Jeep wagoneer in the location with agents allegedly involved in the shooting. | |
| And then Glam Dahl Donuts was put in there, tracking a black Ford Taurus. | |
| And then you have pictures and images, and I'm looking at them right now in front of me. | |
| I wish I could show you. | |
| I can show you on TV tonight. | |
| As the camera rolled, the person filming yelled no. | |
| The camera followed the agents as they returned to the Dodge Durango, passing another sign, all welcome here. | |
| In another video, get out of here. | |
| Minutes later, a signal user puts out an alert summoning additional responders, citing the same vehicle agents. | |
| I mean, it's all an organized, orchestrated effort to obstruct and to create conflict. | |
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Organized Conflict Effort
00:06:32
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| This is not happening organically, in other words. | |
| I mean, the same thing, New York Post had another article out about how the far left, a China-aligned group, organized these pro-Nicolas Maduro protests in New York and other U.S. states. | |
| It's unprecedented. | |
| And, for example, in Times Square, when you had pro-Nicolas Maduro protesters that turned up there outside the Brooklyn Fed lockup where the former Venezuelan leader is being held, were organized by hardcore left-wing groups, one called the People's Forum, which has, according to the New York Post, close ties to China, the group also behind the anti-Israel demonstrators around the nation calling for emergency protests nationwide. | |
| And they just used a bunch of gullible students on college universities. | |
| Notice all the outrage against Gaza and genocide. | |
| Where has there been any protest at any institution where all the protests against Israel were going on against the mass slaughter of protesters seeking freedom in Iran? | |
| It doesn't fit their agenda. | |
| In this particular case, on Sunday, pro-Maduro protesters clashing with Jubilant Venezuelans demonstrating outside the detention center where Maduro and his wife are being held. | |
| It is unprecedented. | |
| But understand, this is what we're now dealing with. | |
| Now, I've got a lot to get to. | |
| I told you this yesterday. | |
| I said it on TV last night that I had no faith that Mayor Small Fry or that Tampon Timmy ever meant what they said, that they'd start cooperating under the supremacy clause of our Constitution with federal law enforcement. | |
| Now they're on record saying they're not going to cooperate. | |
| So they are creating what they hope will be a showdown. | |
| And this is a predictable disaster on the horizon. | |
| So let me go back to the latest here. | |
| And I predicted this yesterday. | |
| I remember last night on TV, I predicted it then, that I don't have any faith that Tampon Tim Walz, Mr. I love to call Ice Gestapo and Nazis, the governor, or that the idiot mayor, Small Fry, French Fry, would ever cooperate and that this was temporary at best, them saying that they'd cooperate with President Trump. | |
| President Trump, you know, had given Minnesota and Minneapolis opportunities to cooperate and stop protecting illegal immigrants, criminal illegals that we know that they have in their custody. | |
| There's about in the state, according to DHS, 1,360 criminal, illegal aliens in the criminal justice system that they could hand over tomorrow for deportation. | |
| They're talking about criminals now. | |
| They won't do it. | |
| The mayor of Minneapolis, Mr. Get the F out of Minneapolis Mayor, this moron, Mayor Smallfry, announced last night that he was rebuffing President Trump's offer to draw down the number of ICE and Border Patrol officers in his city, which they say they want, in exchange for them cooperating and following the Constitution and ordering his police, you know, to work with immigration enforcement. | |
| That's all they're asking. | |
| They're not asking for a heavy lift here. | |
| They're only asking that they do what they should be constitutionally obligated to do. | |
| You know, I keep pointing this out. | |
| This is why we have Lindsey Graham at the top of the hour. | |
| He is putting forth a bill that will end sanctuary city and state status. | |
| It is by definition, it is aiding and abetting lawbreaking and obstructing the justice and the laws of our land. | |
| We have a supremacy clause. | |
| I keep telling you. | |
| It's not that complicated. | |
| The president responded to Mayor French Fry and said he's playing with fire in a truth post that he put out this morning. | |
| Surprisingly, Mayor Jacob Fry just stated that Minneapolis does not, will not enforce federal immigration laws. | |
| This is after having had a very good conversation with him. | |
| Could somebody in his inner sanctum please explain this statement is a very serious violation of law and that he's playing with fire. | |
| Now, I mean, they're almost kind of like Don Lemon. | |
| Don Lemon, you know, my interpretation of his comments, come and get me, come and get me, real tough guy, is that he wants to get arrested. | |
| He wants to be Jimmy Kimmel. | |
| He wants to be, he needs relevancy. | |
| And this, to him, would be his way of gaining relevancy. | |
| Never mind that, you know, we have the FACE Act that makes it illegal to interrupt a church service in a church building. | |
| Never mind that families have testified that they were not allowed to leave, that they were being kind of held captive while these people invaded this church. | |
| Parents couldn't go and get their kids from church daycare and the trauma that it's caused a lot of people. | |
| And in this case, it's basically, you know, Tampon Tim and Mayor Smallfry basically saying, come and arrest us because they don't want to follow federal law. | |
| This, you know, I have been pointing out to you the entire time that this is designed, that this rhetoric is designed, and now we know that this is an orchestrated effort. | |
| Sanctuary cities and states, by virtue of their status, has not only been obstructing justice, but aiding and abetting in the law breaking and protecting, even in this case, known criminal illegal aliens. | |
| I'm not talking about people that work at Home Depot. | |
| I'm not talking about them, but people that are known criminals that they refuse to cooperate and hand over to law enforcement. | |
| And then having, you know, tough guy Tim Walz, you know, I would beat the Adam Schiff out of JD Vance if I could. | |
| Maybe you can. | |
| How much does a vice presidential debate matter in this? | |
|
Ratcheted Up Rhetoric
00:09:20
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| But I live with it. | |
| I'm really effective and was really effective as a member of Congress because I was one of the more bipartisan members. | |
| So this idea that I am more than willing to reach to find compromise, and I do see this as servant leadership, and I don't see it as a sense of power. | |
| He was good at that. | |
| And I mean, it was, he's smooth. | |
| I never claimed to do that, but I'm pretty effective. | |
| But I'll take the criticism. | |
| I'm for bipartisanship. | |
| Here's the problem. | |
| I'm for bipartisanship. | |
| I mean, that's just different. | |
| And verbally going at it, I could, my argument is much better. | |
| In making the case that housing prices are up because of immigration and that we should build on federal lands, it was such a crazy thing. | |
| You know what's the same? | |
| Go back to that debate. | |
| He was like a sweaty, nervous, you know, ratcheted up. | |
| Somebody needed to give this guy a one of those happy calm down pills that people take, Linda. | |
| You know all about that crap. | |
| What do they take? | |
| I resent that accusation. | |
| I'm not sure what that means. | |
| Well, because you take happy pills. | |
| I do not. | |
| You do something. | |
| I'm naturally happy. | |
| My life is bliss. | |
| I'm not sure what you mean. | |
| Well, you take CBD happy pills. | |
| To go to sleep. | |
| CBD gummies by CBD distillery. | |
| No, you take CBD relaxation gummies, which is always better for the rest of us that are stuck around you. | |
| Let me tell you something. | |
| If I'm around you guys and I seem too happy, it's because I'm drinking vodka. | |
| I'm not taking CBD. | |
| I'll tell you that. | |
| No, you have, I've seen, you've put on a flight with you and you took out. | |
| Yes, on a flight, I handed out CBD sleep. | |
| You're handing out drugs to people. | |
| Oh, my God. | |
| I don't know. | |
| I call them Linda's. | |
| All right, Boy Scout. | |
| They're CBD gummies. | |
| They don't have any THC. | |
| I took one. | |
| I didn't care. | |
| I said, I'll try it. | |
| I don't have no idea if it worked, but I tried it. | |
| I wasn't afraid to take it. | |
| Good for you. | |
| Welcome to the dark side. | |
| Didn't have any THC in it. | |
| That would not be good. | |
| Stone Hannity would not be good at all. | |
| I don't think. | |
| I have no desire. | |
| I have no comment. | |
| No, I think you should make the comment. | |
| Just say it. | |
| I want you to just say it. | |
| I'm trying to think of all of the various memes and acronyms people will make. | |
| You know, Happy Hannity, Stone Sean, you know, Happy Sean. | |
| I can't live with the fact that people make funny memes. | |
| As a matter of fact, I actually am impressed and inspired by the creativity of some people on social media. | |
| Well, now with Grock, my God, you can make anything. | |
| Oh, my gosh. | |
| I mean, the AI images, they have AI images of me being married. | |
| And having a baby. | |
| And having, and having, holding twins. | |
| I don't know if you saw that one. | |
| Congratulations. | |
| And then holding up pictures of a sonogram, you know, with a big smile on my face. | |
| I'm like, no, been there, done that. | |
| My kids are in their 20s. | |
| We're past that stage of my life. | |
| And I go back to changing diapers. | |
| It is funny. | |
| I admit it's funny. | |
| I think people, I think they need a life. | |
| They need to get, they have too much time on their hands, but I think it's funny. | |
| You know, I'd love jokes about me that are funny. | |
| The problem is most people that make them are not funny. | |
| Indeed. | |
| But I don't, I never have minded that. | |
| You know that we play them on this show. | |
| Anyway, the Minnesota police union chief is now blaming Tampon Tim and Mayor Small Fry for the violence in Minneapolis, the head of the Twin Cities Police Union, slamming local officials for blocking cooperation between local cops. | |
| I mean, what they have now done here is they've set up, they're trying to set up a showdown so that, you know, in the eyes of the radical left, which is their base, that they will be seen as heroes. | |
| And let me stop and say this while I have a moment. | |
| I do not like Congresswoman Omar at all. | |
| I don't like her. | |
| I think she, you know, I think this investigation into her is warranted. | |
| I want to know how she garnered all of that wealth in such a short period of time. | |
| But what I saw last night with this alleged attacker spraying her with, it turns out to be apple cider vinegar. | |
| But, you know, if somebody lunges at you and is spraying something out, you have no idea if that's acid. | |
| I have a friend of mine, Captain Howie, a former NYPD officer. | |
| He's been on this program before, and he was in the middle of an arrest and had acid thrown in his face, and he was blinded in one eye. | |
| You don't know if somebody attacks you, what they're throwing in your face, and this type of political violence has got to stop. | |
| I don't care if you don't like her politics. | |
| I don't agree with a thing she says. | |
| I think she's. | |
| Okay, can I raise one question? | |
| Go ahead. | |
| I'll answer it. | |
| This one is one question now. | |
| What is it? | |
| If someone came up to you and threw an unknown substance on you while you were on stage mid-speech. | |
| Beat the crap out of him. | |
| Okay, putting that to the side, after you beat the crap out of them, would you then get back up on stage, not knowing what is in said substance? | |
| Or would you leave and say, I'm sorry, I need to go make sure that this is not toxic or acid or something. | |
| She literally took a paper towel. | |
| She's like, yeah, I'm good. | |
| So anyways, back to hating America. | |
| Well, if it was burning her, if it was burning her eyes out or burning her skin, I think she probably would have taken a very different approach. | |
| I think that she felt that whatever the substance was was not a threat to her. | |
| She made that determination. | |
| She did make that determination, didn't she? | |
| Okay, I would have probably have done the same thing. | |
| If you really want to know the truth, you know, if I can not be stopped in the middle of my speech, I would do just that. | |
| She gets props for that. | |
| I like courage. | |
| I like bravery. | |
| I don't think that makes a whole lot of sense. | |
| These are the same people that told you to mask up and stand six feet apart with zero background. | |
| Now you've got a substance literally on your skin and you're like, yeah, I'm going to finish my speech. | |
| That seems weird to me. | |
| Listen, I'm glad she turned out being okay. | |
| I don't like political violence, period. | |
| I said this all during Obama's presidency. | |
| We've got to protect our presidents. | |
| We've got to protect our elected officials. | |
| I have no problem that leaders in Congress have security around them. | |
| None at all. | |
| And I don't care if you're a Democrat or Republican. | |
| I don't like what happened, obviously, to our dear friend Charlie Kirk. | |
| He was assassinated. | |
| I can't stand the two assassination attempts against Donald Trump. | |
| I think the ratcheted up rhetoric of the left is inciting people towards violence. | |
| I don't like any of it. | |
| And that's the recklessness of it. | |
| That's what the police union, Minneapolis chief, is saying. | |
| After meeting with Tom Holman, you know, Mayor French Fry and Small Fry says he won't cooperate with federal immigration. | |
| At this point, he is now setting himself up to be arrested. | |
| At that point, he's obstructing justice. | |
| One of the rioters, by the way, that invaded that Minneapolis hotel on Monday night in search of ICE agents, according to the New York Post, once beat up a pregnant woman, one of these people among the scores of anti-ICE agitators arrested when the protest outside. | |
| Again, as I said earlier, these are all organized. | |
| Rap sheets involving those emerged of the 26 protesters. | |
| Pam Bondi just arrested 16 more people in Minneapolis. | |
| His prior run-ins, this guy's 37 years old, date back to 2007. | |
| He bashed a pregnant woman as he tried to steal her car. | |
| You're not a human being if you do this. | |
| You know, interesting comments by your governor, Josh Shapiro, who called for the border agents who shot a heavily armed Minneapolis agitator in self-defense to be prosecuted for manslaughter. | |
| Anyway, he was on MSDNC. | |
| He said Minnesota officials should charge the Border Patrol agents who shot this guy with voluntary manslaughter. | |
| I mean, he's rushing to judgment. | |
| You know, then you have Mr. Fang Fang, Eric Swalwell, vowing to prosecute ICE agents if he becomes governor of California. | |
| Well, I mean, they're now creating A situation where they want a showdown with the federal government. | |
| They're going to end up getting one. | |
| Philadelphia, right? | |
| We're not far from where you are. | |
| Their top prosecutor, you know, back district attorney there is facing scrutiny and backlash after vowing to hunt down federal immigration agents and speaking out. | |
| You know, he said, this is a small bunch of wannabe Nazis. | |
| That's what they are in a country of 350 million people. | |
| We outnumber them. | |
| If you have to hunt, if we have to hunt you down the way you hunted down Nazis for decades, we will find your identities. | |
| We will find you. | |
| We will achieve justice. | |
| That's from an AG. | |
| Arizona man who was shot by Border Patrol, turns out, had open fire on law enforcement. | |
| Why you don't rush to judgment? | |
| We'll see what happens. | |
| I still don't know definitively what happened. | |
| And I think in the days, weeks, months ahead, we'll find out. | |
| This is an iHeart podcast. | |