Jon Slavet
👤 SpeakerAppearances Over Time
Podcast Appearances
That's the story of California right now.
So I think that we need a tax holiday
for small businesses for several years.
Yeah.
Well, I'm not going to put out the specifics now we're thinking about it.
But I think I think if you are a small business under 100 people, again, which which employ 50% of California residents, I think we should dramatically reduce your taxes over the next few years to get things moving again.
Yeah.
Well, listen, here are the facts.
When Newsom was elected.
seven years ago.
The budget for the state of California annually is $200 billion.
Today, it's 60% higher.
It's $322 billion.
uh it's been it's been us it's been a steady increase year after year chuck um uh it's not it's not been sort of a a one-year massive pickup so we've grown sixty percent in our state budget
since uh since 2019 and we're worse off for it so you know i think that the story of california is that more money doesn't mean less problems it's actually been more money more problems uh that that's a line from a great uh great song too so so where do we find where do we find the money listen um there are so many projects chuck and i'll throw out a few that are bad ideas that we should stop doing
And there are a whole set of taxes that as governor, I would also put the kibosh on.
So here are a couple of the bad ideas.
The train to nowhere, the pejorative term for the high-speed rail project that was really kicked off, you know, sort of Newsom has really promoted.
We've spent $16 billion.
We've not laid any track.