Jaspreet Singh

You're making a bigger income.

How about we get you a nicer BMW?

How about we get you a nicer credit card?

How about we get you some more perks?

How about we get you a bigger home equity line of credit?

And so as people make more money, they start to spend more money.

If you make more money and you don't raise your spending, all of a sudden you become wealthier.

So if you tell me, Jaspreet, that we're going to do a one-time wealth tax, we're not going to increase our spending.

In fact, we're going to cut our spending.

We're going to be financially smart.

All right, now we have at least a conversation that makes sense.

But if you say, Jaspreet, we're going to raise the wealth tax and we're going to continue spending recklessly.

And unfortunately, the government, I don't care if you're Republican or Democrat, there's a lot of wasteful spending.

And that wasteful spending is not going to stop.

It is going to increase.

And the reason why this is important is because now when you look at an entrepreneur, you ask an entrepreneur, what would you do with an extra $5,000, $10,000, $100,000, a million dollars?

Their goal, if they're smart, is going to be to be as productive as possible.

How can I take this money and grow the value of my company and to grow this money into something more?

I want to hire people that are not going to sit here and pick up this mug and put it in the left hand and put it back down because my goal is to be productive.

The government's job and goal is not always productivity.