David Friedberg

The California side says, hey, I'm going to burn all this money and make all these promises I can't keep.

But at some point, they can't all go

But at some point, they can't all go

Separate ways, they all share the federal balance sheet and federal balance sheets being used to bail out states left and right and bail out for states lack of preparedness and provide services when states aren't stepping in to provide services and so on and so forth.

Separate ways, they all share the federal balance sheet and federal balance sheets being used to bail out states left and right and bail out for states lack of preparedness and provide services when states aren't stepping in to provide services and so on and so forth.

Doesn't this all come to a head because of the fiscal issues that we're facing?

Doesn't this all come to a head because of the fiscal issues that we're facing?

Businesses too, Adam.

Businesses too, Adam.

Businesses.

Businesses.

Washington's got this new payroll tax.

Washington's got this new payroll tax.

For employees making over $125K, they want to charge a 15% payroll tax.

For employees making over $125K, they want to charge a 15% payroll tax.

So now Amazon, Microsoft, Costco have all spoken about leaving the state.

So now Amazon, Microsoft, Costco have all spoken about leaving the state.

But that obviously creates a huge, huge hole in those budgets.

But that obviously creates a huge, huge hole in those budgets.

We'll be okay.