Friedberg

Wait a second.

This story just got really important to me.

In the country of, and this is why this is such a principled discussion, and I'm trying to avoid this current California thing as the primary topic, because there are multiple of these being proposed around the country, and they have been tried in the past.

You sell a stock, or you do some work.

You make some money.

That money now sits in your bank account.

You've paid your taxes on that money.

You sold your stock.

You sold your house.

You did your work.

You got paid.

You pay your taxes.

After you pay your taxes, the government comes and says, hey, how much money do you have in your bank account?

What's the value of your car?

What's the value of the thing that your grandma gave you?

Give me the value of everything you have in your house, add it all up, and give me a percentage of it.

That's what this is.

It's a private property seizure.

It is a seizure of your assets to pay a tax based on all the things you own, even if you've already paid your taxes on all those things.

Now, this has been tried, and I'll give you guys a couple of