Owen Gregorian
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's the first tax of its kind and it would probably cause all sorts of disruption because many of these billionaires have all their money tied up in their companies.
And so they would either have to sell a bunch of stock and tank their own stock price, or they'd have to maybe even in many cases sell their companies just to be able to pay this tax.
That's the main problem.
Um, on top of just, you know, essentially being a wealth tax where it's like, if you have too much money, we're just going to take it.
And, um, you know, the latest on that that I saw was it's Steven Spielberg is leaving California.
So even the Hollywood elite are just fleeing these taxes.
I don't remember.
I mean, it does seem like a lot of the people are flowing into either Texas, like Austin, or somewhere in Florida, depending on your political community, probably.
I definitely think the economy is going to be the big issue in the midterms.
And I think it's going to be interesting to see what it looks like when we get closer to it.
Because everything from the stock market to jobs to wages to affordability, it's going to be on everybody's mind.
I think that's going to be the dominant issue.
And right now, it seems like...
It is getting better, you know mortgage rates are down wages are up Inflation is down.
It's all looking good.
But I think Unfortunately, it's it's kind of looking good from a statistic standpoint, but people are still going to the grocery store and saying oh my god this is so expensive and so even though it's not deserved all this inflation that happened under Biden is is now getting blamed on Trump and so I think the challenge will be how do we actually
show people that the economy is better and that the Trump policies are working.
So I think messaging wise, they're hitting the right notes.
They're going after the right things, focusing on the economy, saying we're making things better.
We're bringing prices down.