Stephanie Ruhle
đ€ SpeakerAppearances Over Time
Podcast Appearances
They are very upset.
And I'm not defending it.
I'm not complimenting it.
They are very upset.
They're feeling the eat the rich sentiment.
And if you look at sort of the super rich in New York City, they would make the argument to you.
The reason New York is the art center that it is.
This is the most philanthropic city in America.
Like this is the one city where wealthy people don't move out to the suburbs.
They stay in the city and they give back to the city.
Our philanthropy is extraordinary.
They would argue that like their philanthropy is,
uh excuses their wealth or or people don't appreciate that so even more than saying how could these rich people not pay more taxes the question i don't think is that the question is to all of the lawmakers who created all of the loopholes for the super rich to swan dive through
So for every lawmaker out there that created a loophole because they got a $25,000 donation from a super rich person, that lawmaker needs to take a long look in the mirror because they're the reason that the divide is only growing.
It's a wealth tax.
And we're going to see, I just think in the case of California, and again, I'm not saying don't tax them more, but I don't think that the way they have this structure, I don't think it's going to get them the result that they're looking for.
Yes, and I actually think that what they want to do in New York could be absorbed and people could say like, don't like it, but okay.
You're gonna think I'm naive saying this, but I'm gonna give it a shot.
You're gonna think I'm so naive.
I wish there was a way