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Josh Shapiro

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1138 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

We've got a smart tax environment for them.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

And by the way, after we invest in them, after we give them a shot and after they do well, we expect them to pay their fair share back to the Commonwealth of Pennsylvania.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

And I think that's the approach we've taken and it's working.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

How do you think about that?

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

Let me make sort of three points, a Pennsylvania point, then a couple of broader points.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

One, you cannot have a national economy that works if it's only working for the 1%.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

And you pointed out in your question, the wage disparity and the disparity of income.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

You have to make sure that there is opportunity for those at all different income levels.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

And look, as we sit here today, if you're making a million dollars versus fifty thousand dollars,

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

Take a million dollars, you're gonna be able to buy some stuff that someone at $50,000 can't buy, right?

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

We sort of understand that, but you gotta have opportunity and you've gotta have a level playing field and you gotta have a fair shot and you gotta have a tax system that works in a fair way.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

So that's sort of point one.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

Point two is here in Pennsylvania, we've tried to address some of that economic disparity by passing the first ever working Pennsylvania's tax credit, sort of a stateside earned income tax credit.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

So what we're saying is if you're working, if you're going out and busting your hump, we're going to put some money back in your pocket.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

About 940,000, almost a million Pennsylvanians are going to qualify for a little over 800 bucks back in their pockets.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

So that's going to help not only today with rising costs due to a lot of these federal policies, but it's going to put money back in people's pockets, allow them to make the investments they need to make in their everyday lives.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

Here's the third point.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

What I would not do, because you asked what I would do, what I would not do is what President Trump did at the federal level with an aid and assist from a whole bunch of sick and fancy Congress by passing that budget bill or the beautiful budget bill or whatever the hell they call it.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

In effect, what they did was they gave a tax cut for those who simply do not need it.

All-In with Chamath, Jason, Sacks & Friedberg
Josh Shapiro on Trump, Iran War Chaos, Israel's Failure, the Economy, and 2028 Race

Right.