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California’s $1 trillion wealth tax disaster and why New York is next · Cultural Wars | America Out Loud News

• 0:09
  You're listening to the Hidden Light Nist on America Out Loud Talk Radio.
• 0:13
  I'm your host, Jimmy Hinton.
• 0:15
  In a failed effort, we find out, surprise, surprise, that socialism doesn't work.
• 0:23
  California's finding out in a really difficult way.
• 0:27
  They literally set fire to a trillion dollars.
• 0:33
  Billionaires are fleeing the state.
• 0:37
  No surprise there.
• 0:39
  Millionaires have been fleeing California for a long time.
• 0:43
  And now the billionaires are they're out.
• 0:46
  You remember when Elon Musk was made fun of.
• 0:49
  Wasn't it Newsom who made fun of Elon Musk and said that this was just uh, you know, he was being kind of a drama queen, moving his business to Texas.
• 0:58
  It was all smoke and mirrors, and uh rather than try to keep him in the state of California, he made fun of them.
• 1:09
  Elon Musk, they actually carried through.
• 1:13
  He packed up his business, business is he moved to Texas, a very business friendly, tax friendly state.
• 1:24
  Well, here, hot off the press, there's an article, California wealth tax proposal.
• 1:32
  Hemager is one trillion dollars as billionaires flee.
• 1:40
  What a shock.
• 1:42
  And this folks is coming to a city near you.
• 1:46
  New York City is the latest.
• 1:49
  We'll get into that after a little bit.
• 1:52
  Uh New York City is gonna experience the same thing.
• 1:56
  Every economist is predicting it.
• 1:59
  Every successful businessman is saying I I wouldn't, you you couldn't pay me to do to do business in New York City or California.
• 2:11
  Kevin O'Leary has been saying that for years.
• 2:14
  He used to do business in California and New York, and he said there's no way.
• 2:33
  Uh somewhere in in New York City, and they pulled out real quick.
• 2:41
  I think AOC was the one who lit fire to that deal.
• 2:44
  She was running her mouth about socialism this, socialism that, and tax the rich, and they're like, Yeah, yeah, no, thanks.
• 2:52
  We're out.
• 2:55
  We have a Amazon prime plant that just was put in uh, I don't know, a year ago.
• 3:03
  Pretty close to where I live.
• 3:05
  And uh, you know, I'm kind of surprised they put it here in Pennsylvania because Pennsylvania is not the most friendly.
• 3:14
  I can assure you of that.
• 3:15
  Uh, we are uh well, I'll talk about that too in this show.
• 3:19
  You know, you get these extremely liberal governors and politicians, and that's our whole that's our whole mantra.
• 3:30
  Tax the rich, tax the rich, tax the rich.
• 3:34
  Well, guess who foots the bill for that?
• 3:38
  It's the rich, you know, tax the rich, the rich are paying for it.
• 3:43
  That's actually wrong.
• 3:46
  That's dead wrong.
• 3:49
  It's the middle class who foots the bill for this.
• 3:54
  And that's exactly what this article is about.
• 3:57
  This is a Fox Business article by Amanda, I think you say Macius.
• 4:03
  Uh the subtitle to this article is Silicon Valley Investor warns middle class will foot the bill as ultra wealthy residents leave the state.
• 4:15
  See, that's why the middle class foots the bill.
• 4:19
  Because the rich pull out because they're smart.
• 4:24
  They they don't care what state they live in, they don't care what state they do business in, they're gonna go to the path of least resistance.
• 4:35
  And it's not just for survival, it's to allow their business to thrive.
• 4:43
  You know, and imagine a person.
• 4:46
  A person takes on life uh from inception.
• 4:51
  We take on life, we we grow, you know, our our our parents feed us and nurture us and mentor us, and it it's a it's a lengthy process.
• 5:02
  They equip us to live on our own, to grow up uh to be mature, uh, to start our own family, to reproduce, you know, all those things.
• 5:13
  And it well, at least normal families uh do that.
• 5:17
  Now it's the the whole concept of the family has been destroyed.
• 5:23
  Um typically, what we do with our children is we teach them, we we nurture them, we mentor them, we help them grow up, we help them mature, we prepare them for college or for a career or whatever it is, and then that child of ours takes on a personality and and a life of their own.
• 5:46
  They start their own family and and on and on it goes.
• 5:49
  And so imagine in this business model that you start heaping burden on top of burden on top of burden, and you're you're holding your kids pockets, flipping them inside out, holding your kid upside down and shaking them for all the money that they have, and the parents are saying, give me more of your money.
• 6:10
  Give me more.
• 6:19
  Why are you treating me like this?
• 6:21
  Why are you abusing me?
• 6:24
  This isn't abuse, this is love.
• 6:26
  Look, there are other kids in the world, and we need to take your money and give it to all these other kids.
• 6:33
  And and you're shaking your kids down for this money that they may or may not have, eventually they won't have any money, and finally the kid runs away from home and says, I can't take this oppression anymore.
• 6:49
  This is exactly what's happening with these businesses.
• 6:52
  They're leaving New York, they're leaving California, they're leaving New Jersey.
• 7:04
  And increasingly, they're leaving Pennsylvania.
• 7:10
  They're making it so difficult and to the point of impossible for businesses to do business.
• 7:19
  This is happening in the trucking industry.
• 7:22
  It's been happening for a long time.
• 7:23
  The overregulation.
• 7:26
  It's why a lot of these companies, and I'm not defending them here, but it's why a lot of companies are turning to illegal aliens and these CDL mills where they illegally give people a commercial driver's license.
• 7:44
  And they just turn them out and they're taking bribes and whatever, they're doing it to put a butt in the seat for lack of a more appropriate term.
• 7:58
  They want people cheap people, they they want to pay somebody cheap wages, and lack of experience translates to cheaper wages.
• 8:10
  You can you can get away with it.
• 8:11
  You can get away with not paying premium rates to drivers, and they're doing it because it's it's nearly impossible for these trucking businesses to make it anymore.
• 8:24
  And it's an endless cycle.
• 8:26
  I it and and we the people are the ones who suffer for it.
• 8:33
  Because then you put untrained drivers behind the wheel, drivers who can't speak English, and they do things like pull a U-turn on the Florida Turnpike, killing innocent people.
• 8:49
  That trunking company then gets sued.
• 8:51
  Well, who foots the bill for that?
• 8:54
  The insurance companies, not to mention, every time you crash one of these trucks, and I I'm telling you, the the highways are littered with trucks like I've never seen before, crash trucks, rollovers.
• 9:08
  I went to visit my in-laws, my my uh my wife and kids and I.
• 9:13
  We all went after Christmas and spent time in Michigan.
• 9:19
  And then we came back on New Year's Day.
• 9:21
  We came back home.
• 9:23
  And I'm telling you, there were rollovers everywhere.
• 9:28
  It's a less than 500 mile trip.
• 9:31
  In less than 500 miles, it's not that far.
• 9:35
  That's not a big stretch of highway.
• 9:38
  Less than 500 miles.
• 9:40
  I'll bet I saw easily easily eight.
• 9:46
  Eight tractor trailers that were down in the woods, wrapped around trees.
• 9:51
  I mean, demolished, uh, completely destroyed.
• 9:56
  Rolled over, just absolutely destroyed.
• 10:00
  And this is common now.
• 10:01
  I see this all the time.
• 10:02
  And I yeah, I've driven the United States many, many times.
• 10:09
  I have uh somewhere in the ballpark of two million miles under my belt.
• 10:14
  I've driven the United States a lot.
• 10:18
  And I've never seen the amount of accidents that I've seen in the last, especially in the last five years.
• 10:25
  Not even close.
• 10:28
  And I've looked up the research and you know, I've I've researched it, I've looked up the stats, and it's not my imagination.
• 10:37
  And as trucks get more and more and more expensive because we get them so stinking regulated.
• 10:43
  It is not cheap.
• 10:45
  I mean, very average, a very average truck just for the road tractor.
• 10:53
  You're talking quarter million.
• 10:57
  Then you buy the trailer, you're looking at another hundred thousand plus.
• 11:04
  Then whatever load, depending on what what you're pulling, I've I've pulled multi-million loads before.
• 11:11
  You know, it doesn't take long.
• 11:12
  You get a 53-foot trailer full of full of electronics or whatever, you know, it's iPhones at a thousand bucks a piece.
• 11:21
  You get a 53-foot trailer full of those things.
• 11:24
  It doesn't take long to rack up millions of dollars worth of product.
• 11:29
  Now, not every load is that is that way, but you know, these are valuable, valuable products that get destroyed in these accidents.
• 11:40
  Who pays for that?
• 11:41
  Not to mention the lawsuits.
• 11:45
  I mean, you you can have one accident that costs an insurance company upwards of 10 million dollars.
• 11:54
  And that's one accident.
• 11:57
  Uh, but on average, you know, uh every time you see it, every time you see a demolished semi-truck, if it's just the truck that got in the accident and nothing else.
• 12:10
  You can count on anywhere from half a million to a million dollars easily, easily.
• 12:17
  So what do you think that does to insurance rates?
• 12:20
  I mean, it is it is uh I talk to owners of trucks.
• 12:25
  I still kind of keep my finger on the pulse of what's going on in the trucking industry, and it's absolutely outrageous premium prices for insurance.
• 12:37
  Well, then you have your fuel, you have your if to taxes.
• 12:43
  It's a it's a road tax that you have, it's a federal tax that you have to pay.
• 12:50
  You'll see an if the sticker on the side of every single truck, and on and on it goes.
• 12:57
  And then your upkeep, the cost of rubber is through the roof.
• 13:01
  You have 18 tires typically, sometimes many more tires, and on and on it goes.
• 13:10
  So who is paying for all this?
• 13:14
  And every time you hear tax the rich tax the rich, well, the rich aren't that rich anymore.
• 13:20
  I mean, a lot of the business owners.
• 13:24
  Their businesses, a lot of these businesses are not that profitable profitable depending on what area they're in because of overregulation, and everything else that is increased.
• 13:38
  I I just saw an article here in Pennsylvania.
• 13:41
  Our our rates, and this is all over the news.
• 13:45
  Our uh our electricity and natural gas has doubled in the last month.
• 13:52
  Doubled.
• 13:54
  Doubled.
• 13:56
  I was just at my neighbor's yesterday, and he said, Hey, uh, do you guys have natural gas?
• 14:02
  And I said, No, we fortunately I heat with wood because I refuse to pay for natural gas or oil.
• 14:14
  So my primary heat source is wood.
• 14:16
  And he said, Well, my natural gas bill has doubled in the last month.
• 14:21
  And I said, Well, have you opened your electric bill yet?
• 14:23
  He said, No, it's actually sitting right there.
• 14:26
  I could see it sitting on the on the table.
• 14:28
  He said, I haven't opened it yet.
• 14:29
  And I said, Well, brace yourself.
• 14:32
  Because electric has ours almost doubled.
• 14:36
  But there's a shopping mall, a local shopping mall, and there was just an article, and he said, our electric bill went from 50,000 a month to 100,000 from December to January or November to December, whatever it was, whatever that billing cycle was.
• 14:55
  A hundred thousand dollars from 50,000, it literally doubled in a 30-day period.
• 15:02
  This is happening in Pennsylvania.
• 15:04
  It's happening in all these, all these left-leaning states that everybody just wants to tax people into oblivion.
• 15:14
  And TikTok Josh, he's he's one of them.
• 15:17
  Josh Shapiro.
• 15:20
  It's all about taxing the rich, and he he says he's he's for the poor people.
• 15:25
  I'm for the middle class, I'm for the working person.
• 15:28
  No, he's not.
• 15:29
  He loves his taxes.
• 15:31
  And guess who pays for it?
• 15:33
  We do.
• 15:35
  So this is exactly what's happening in socialist California.
• 15:40
  The billionaires are leaving.
• 15:44
  One trillion dollars lost.
• 15:49
  One trillion.
• 15:51
  Um, and it ain't getting any better.
• 15:55
  So here's what the article says.
• 15:57
  Venture capitalist Chamath Polyhopedia says California's proposed billionaire tax is accelerating an exodus of ultra-wealthy residents.
• 16:07
  A shift he argues will worsen and not solve the state's budget deficit.
• 16:11
  So Chamat Polyopedia is a billionaire.
• 16:15
  Uh, and I tend to believe and listen to what self-made billionaires have to say.
• 16:25
  Polyopedia, who has been tracking capital flight from the golden state, said California has so far lost an estimated one trillion with a T, one trillion dollars.
• 16:39
  That's half.
• 16:40
  He said we had two billion, or sorry, two trillion dollars of billionaire wealth just a few weeks ago.
• 16:48
  This is getting interesting, folks.
• 16:50
  We're coming up on a break, but we will break this all down after the break.
• 16:55
  Um socialism is here, and it is not working.
• 17:00
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• 20:13
  California, I mean, you gotta give Gavin Newsom a little bit of credit because not everybody can chase one trillion dollars out of two trillion dollars worth of wealth out of the state in a 30 day period.
• 20:28
  Not many people can do that.
• 20:30
  So bravo bravo to Gavin Newscom, as President Trump calls him, because he literally just chased out, he he cut their wealth in half in a 30 day period.
• 20:44
  I mean, not many people can do that.
• 20:48
  That's a skill that um you gotta be pretty, you gotta work pretty hard at that to be able to chase out one trillion of two trillion dollars worth of billionaire wealth to do that in a 30 day period is just that's impressive.
• 21:08
  Good job, Newsom.
• 21:10
  All right, I'm reading from an article here.
• 21:13
  This is uh this is Chamoth Palahopilia.
• 21:21
  That's a mouthful.
• 21:23
  Um, but he is a billionaire, a self-made billionaire, and he says we we had had two trillion dollars worth of billionaire wealth just a few weeks ago.
• 21:35
  Now 50% of that wealth has left, taking their income tax revenue, sales tax revenue, real estate tax revenue, and all their staffs and their salaries and income taxes with them.
• 21:52
  Uh-oh.
• 21:55
  California's in trouble.
• 21:58
  And folks, this the sad thing about this is it need this way.
• 22:08
  How many people have warned about socialism?
• 22:12
  Meanwhile, the left mocks anybody who says that.
• 22:16
  You're all a bunch of losers, and you you don't understand how redistribution works, and we just haven't branded it properly.
• 22:24
  That's the problem.
• 22:26
  We just haven't uh, you know, we haven't used the right vocabulary to describe how wonderful socialism is.
• 22:35
  That's what they're saying.
• 22:38
  But the reality is socialism doesn't work, it can't work.
• 22:47
  It's never worked.
• 22:49
  This is what it does.
• 22:52
  It causes wealthy people to flee because the tax burdens are so incredibly oppressive that it would wreck their businesses.
• 23:04
  Elon Musk was brilliant, is brilliant.
• 23:08
  He recognized this, and he was like, I'm out, suckers, see you later.
• 23:16
  He didn't even hesitate.
• 23:17
  Now, you can't tell me now it's no offense to Texas, and this is just personal preference.
• 23:26
  But I'm talking about the physical beauty of the states, you can't tell me that Texas is a better choice than California.
• 23:35
  No offense.
• 23:36
  California is a beautiful state.
• 23:40
  And again, uh people from Texas might argue maybe they like the the desert and the flat and uh the small trees and all that stuff.
• 23:52
  I I don't.
• 23:54
  The heat.
• 23:55
  Oh my goodness.
• 23:56
  I'm a northern boy, so yeah, just it's not for me.
• 24:01
  But can you imagine moving from California, such a beautiful, beautiful state?
• 24:08
  Moving from there to Texas.
• 24:10
  I I don't think that Elon Musk was like, man, I'm gonna move.
• 24:14
  I'm Texas is my dream state to move to.
• 24:19
  But he wasn't looking at the physical beauty.
• 24:23
  He was looking at what makes sense for his business.
• 24:26
  You know, this is not coincidence.
• 24:30
  We can't chalk this up to coincidence that after shortly after Elon Musk moved his businesses to Texas, he was catapulted to by far the wealthiest human on planet Earth.
• 24:48
  You can't tell me that that's coincidence.
• 24:52
  Yeah, we have to say maybe he might know a little bit about revenue and how to make his businesses profitable.
• 25:02
  You know, he's not a stupid guy, despite what AOC says.
• 25:10
  He doesn't know anything.
• 25:12
  He has he was given all this stuff to him on a on a platter.
• 25:18
  That's not how it works, AOC.
• 25:21
  Not how it works.
• 25:24
  So, yeah, California, look at what they're doing.
• 25:28
  They are literally trashing their state, and it's the middle class who's gonna pay for this.
• 25:36
  A trillion dollar burden just got put on the shoulders of the middle class.
• 25:44
  Um this is sad.
• 25:49
  Polly Hapedias said California billionaires were reliable taxpayers.
• 25:55
  They were the sheep you could shear forever.
• 25:59
  He's right.
• 26:02
  He is absolutely 100% right.
• 26:04
  They're reliable.
• 26:05
  They don't uh they don't default on their on their tax payments.
• 26:10
  How many people in the middle class default on tax payments?
• 26:13
  It happens all the time.
• 26:16
  Right?
• 26:17
  They get put into into a very tight position because lunatic uh governors pull things like, oh, well, let's let's just uh let's create policies that are good for the environment.
• 26:30
  Well, then your electric bill doubles.
• 26:34
  By the way, uh, I'm not complaining here, but you want to know what my raise was.
• 26:38
  I just found out, because it's January.
• 26:42
  I got my first pay.
• 26:43
  I found out what my raise was.
• 26:47
  Zero.
• 26:50
  Nada.
• 26:53
  You know, my wife's raise was at the turn of the new year?
• 26:58
  Zero Nada.
• 27:00
  Meanwhile, our electric doubled, just just shy of doubling by far the highest electric bill that we've ever had.
• 27:09
  I mean, into the hundreds of dollars.
• 27:11
  We don't use that much electricity, hundreds of dollars.
• 27:17
  I mean, we're we were pushing 400.
• 27:23
  We don't heat with electric.
• 27:25
  We heat with wood.
• 27:28
  We don't use that much electricity.
• 27:30
  400 bill on very, very mediocre incomes.
• 27:40
  No pay raise.
• 27:42
  Gas bills for people who do heat with gas.
• 27:46
  Doubled.
• 27:48
  Literally doubled in the last 30 days.
• 27:52
  You're gonna have a lot of people defaulting on tax payments because they're gonna choose paying their utilities over paying taxes.
• 28:00
  Utilities come first, and sorry, that's just the way the real world works.
• 28:07
  So the billionaires were reliable taxpayers.
• 28:11
  They were sheep that you could cheer forever.
• 28:15
  He goes on to say now California will lose this revenue source forever.
• 28:20
  Unless this ballot initiative is pooled, we would not stop the billionaire exodus with no rich people left in California, the middle class will have to foot the bill.
• 28:33
  100% right.
• 28:38
  His comments come as California voters consider a proposed ballot initiative backed by the Service Employees International Union, United Healthcare Workers West, that would impose a one-time 5% tax on the assets of California residents worth more than one billion dollars.
• 28:59
  Supporters say revenue could help offset federal funding costs for health care.
• 29:06
  You know what the loony bin thing is?
• 29:08
  Is that they're they're probably gonna vote for this.
• 29:11
  Like California seems to just they they keep voting for this crap and then they leave.
• 29:18
  I can't remember who said it.
• 29:20
  I'm sure lots of people have said it, but um I I think it was Ron DeSantis.
• 29:26
  He was like, yeah, if if you guys vote for this crap, and then you leave your state and you come to Florida because we actually like businesses and want businesses here, don't you dare vote for this kind of crap again.
• 29:42
  We don't want you here.
• 29:44
  If you're gonna vote for these kind of policies that drove you out of your state, and then you rinse it and repeat, and that's a thing.
• 29:52
  I like I don't understand why the left keeps clawing their way back to socialism.
• 29:59
  It's like
• 30:00
  This romanticized idea that if we just tax the rich, we're gonna be able to give all this free stuff away.
• 30:08
  Speaking of free stuff.
• 30:11
  Did you see that in New York City, MTA, 2026 fare hikes are in effect.
• 30:21
  In New York City.
• 30:24
  MTA fare hikes, that's uh the cost of subway and bus rides and trips on the Long Island and Metro North Railroads went up.
• 30:36
  Up up.
• 30:38
  I thought this was gonna be free.
• 30:42
  I thought that buses and subways that that was all gonna be free.
• 30:46
  That's exactly what Mimdani said.
• 30:48
  He promised it, in fact.
• 30:52
  And as soon as he took office as mayor of New York City, the rates went up.
• 30:59
  Subway and bus rides for most people now cost 10 cents more as the base fare went up from $2.90 to an even $3 on Sunday, January 4th.
• 31:10
  Oops.
• 31:14
  It continues a gradual increase that started in 2015 when the fare was $2.50 per ride.
• 31:22
  That means taking the subway round trip five days a week cost five dollars more now than it did in 2015, totaling about 260 more for the year.
• 31:34
  Prices are going up everywhere.
• 31:36
  It's really annoying, one rider said.
• 31:41
  But wait, you voted for free subway and free bus tickets.
• 31:51
  It's not gonna happen.
• 31:54
  Meanwhile, Mamdanny is out begging people for money, trying to fundraise.
• 32:00
  Even if you have a little bit of money, like he's like a like a homeless person with his cup, shaking it at people, ask him for money.
• 32:10
  We just need volunteers to to give money and and we're gonna tax the rich.
• 32:17
  Guess how many people are giving to Mam Donnie's uh cup.
• 32:22
  Nobody, nobody in their right mind is gonna do it.
• 32:27
  Meanwhile, monthly and weekly tickets on Metro North in New York and the L I R R are getting up to 4.5% more expensive.
• 32:39
  You know what inflation is supposed to be?
• 32:41
  Inflation is supposed to be 2%.
• 32:45
  That's more than double what inflation is supposed to be.
• 32:50
  And that's just one.
• 32:51
  Keep in mind, this is just one bill for people.
• 32:54
  Everything's going up, up and up and up and up and up.
• 32:59
  It's the middle class who pays for this kind of crap.
• 33:05
  So, yeah, uh the freebies ain't happening.
• 33:10
  Sorry, ma'am Donnie, we're not falling for it.
• 33:13
  It's uh for the people who did fall for this and voted this guy in.
• 33:16
  He's a lunatic.
• 33:20
  But socialism, it's such a beautiful idea.
• 33:23
  It's such a beautiful idea.
• 33:25
  Free housing, free subway, free bus rides.
• 33:34
  Yeah, it's a beautiful idea if you're a loony bin.
• 33:39
  Because it doesn't work.
• 33:43
  We all have to pay for everything.
• 33:46
  Who do you think funds it?
• 33:48
  There is no such thing as free.
• 33:51
  Somebody has to pay for it.
• 33:55
  So pretty interesting.
• 34:00
  Pretty interesting.
• 34:03
  So, meanwhile, Mayor Mamdanny rides the free Q7.
• 34:08
  It's not free, by the way.
• 34:10
  I mean, it doesn't cost anything to ride it, but somebody's paying for this.
• 34:14
  He rides the Q70 bus in Queens.
• 34:17
  Mayor Mandomi was out speaking with commuters on Sunday.
• 34:20
  He boarded the Q70 bus at Roosevelt Avenue and 74th Street in Jackson Heights, Queens.
• 34:26
  It's currently the only free bus in the city and takes people all the way to LaGuardia Airport.
• 34:33
  He campaigned on making buses free for New Yorkers.
• 34:38
  Here's what he says.
• 34:39
  As the fare rises across the city, we are just as committed as we were before to fulfilling our promise to make buses fast and free in the nation's most expensive city.
• 34:50
  So he just doubles down on it.
• 34:57
  Crazy crazy crazy.
• 35:03
  There's one free bus in the city.
• 35:06
  He rides that.
• 35:07
  Meanwhile, millions of other people who are riding the subways and buses, they're paying for it while while their mayors riding on the free bus.
• 35:16
  Doesn't send a very good message, does it?
• 35:19
  It's like he's rubbing salt in their wounds, and he doesn't even know it.
• 35:23
  That's how clueless he is.
• 35:27
  So, yeah, inflation is causing everything to go up, but so are, and especially so are these liberal policies, making everything skyrocket.
• 35:41
  I'm living proof.
• 35:42
  I'm holding the my electric bill in my hand.
• 35:45
  I'm just, I'm literally just looking at this and I'm like it's unbelievable.
• 35:53
  But it's not.
• 35:54
  It's it's what happens when you put these loony bins in power.
• 36:00
  So, yeah, it just is putting a burden on the people, and eventually this is gonna reach a boiling point where people just say enough.
• 36:14
  Uh, we're already experiencing it here in Pennsylvania.
• 36:17
  People are outraged.
• 36:19
  Uh, by the way, our tolls have jumped up again.
• 36:23
  The Pennsylvania Turnpike, I talked about this recently, uh, but every year they increase dramatically.
• 36:31
  Typically, it's like six percent that the turnpike goes up every year.
• 36:35
  It's the most expensive toll road in the world.
• 36:40
  New Jersey is pretty close behind us, but here's an article of CBS News article.
• 36:45
  Tolls are going up for Pennsylvania and New Jersey drivers in 2026.
• 36:51
  Here's how much more you'll pay.
• 36:53
  Drivers in Pennsylvania and New Jersey can expect to pay more tolls in 2026 on some of the state's busiest highways.
• 37:02
  Toll hikes approved on the Pennsylvania Turnpike, New Jersey Turnpike, Garden State Parkway, and Delaware River Joint Toll Bridge Commission bridges will go into effect the first week of the year.
• 37:13
  They already did.
• 37:15
  4% hike on the Pennsylvania Turnpike.
• 37:18
  They decided to go easy on us this year, only do a 4% hike.
• 37:24
  The most common toll for passenger vehicles will increase from $1.86 to $1.94 for easy pass holders, and from $372 to $3.80, 88 cents for toll by plate drivers.
• 37:37
  That's how much more you pay if if you don't have an easy pass.
• 37:42
  You pay about uh double, just under double.
• 37:48
  Tractor trailers.
• 37:50
  Uh it's a major, major, major increase.
• 37:53
  3% increase on the New Jersey Turnpike.
• 37:56
  Folks, they are destroying things, and then they turn it around and blame it on Trump, because all this has to be Trump's fault.
• 38:04
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• 39:01
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• 39:18
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• 39:27
  Now is our time, my fellows.
• 39:31
  America outloud news.
• 39:33
  Liberty and justice for all.
• 39:48
  It does not work.
• 39:50
  It cannot work.
• 39:50
  It will not work.
• 39:52
  It will never work.
• 39:53
  And yet the left is screaming we want socialism.
• 39:58
  Tax the rich.
• 39:59
  Tax the
• 40:00
  Rich.
• 40:01
  Well, what happened in California?
• 40:03
  They just lost an estimated one trillion out of two trillion dollars worth of billionaire wealth.
• 40:15
  And that's because Governor Newsom is wanting to tax the ultra-wealthy residents.
• 40:22
  You know, he's all about taxing the rich.
• 40:26
  Well, why don't you make them pay their fair share?
• 40:28
  If we just tax the rich, life would be so much better for everybody.
• 40:33
  And it's this utopian idea that we're all going to sit around the campfire holding hands singing kumbaya while the rich work and the the middle class and poor reap the benefits of those disgusting greedy rich people.
• 40:53
  Well, guess what?
• 40:54
  It doesn't work that way.
• 40:58
  The wealthy people are saying, you know what?
• 41:00
  Great.
• 41:01
  You want to tax us into oblivion.
• 41:03
  We're out.
• 41:05
  See you later.
• 41:08
  So 50% of the wealth has left, taken their income tax revenues, sales tax revenue, real estate tax revenue, all their staffs, and that includes their staff salaries and income taxes.
• 41:24
  They took all that with them.
• 41:26
  Gone, vanished.
• 41:34
  This is crazy.
• 41:36
  But it's also predictable.
• 41:39
  People have been predicting this for a very long time.
• 41:42
  It's uh it's not rocket science.
• 41:48
  It's it's not that complicated.
• 41:52
  Capitalism works.
• 41:54
  When you lift regulations, when you stop playing with all these experiments, let's experiment, let's let's tax the rich.
• 42:06
  Let's just see what happens.
• 42:10
  Well, let's find out.
• 42:11
  Mayor Mamdomi, you you know, all his big ideas, free housing, equal housing, shared communal property.
• 42:25
  We're gonna move away from individuals owning property, and we're gonna call it shared communal property.
• 42:32
  There no longer will people be able to uh to purchase individual real estate.
• 42:40
  They're gonna foot the bill, you know, no doubt.
• 42:43
  They'll foot the bill, they'll pay as if they're purchasing this property, but instead of it being their property and us putting a deed in their hand, it's gonna be a shared communal property.
• 42:57
  Well, here's an article here, fresh off the press.
• 43:01
  Federal judge delivers Mamdani early legal stepback on housing market intervention.
• 43:08
  You don't say what a shocker.
• 43:14
  All these things that he campaigned on, and he's you know, you got to give him credit because he's at least trying.
• 43:23
  But these federal judges judges are bringing them back to Earth, you know, where normal people live, and they're saying, yeah, you can't turns out you can't just take property from people.
• 43:38
  You can't just take it from the owners and give it to the people living in the housing.
• 43:48
  Doesn't really work that way.
• 43:49
  There are some checks and balances.
• 43:53
  So I don't know what's going to happen in New York City, but I don't think any of it's gonna be good.
• 43:58
  And it's so sad because New York City, as I reported here on the hidden lightness, New York City just experienced in 2025 the lowest homicide rate ever in its history.
• 44:14
  Things were looking up for New York City.
• 44:20
  Things were looking good.
• 44:23
  Crime rates down.
• 44:25
  Uh it they were really well positioned to excel and to just to be or continue to be a great city.
• 44:38
  Well, as good as cities can go.
• 44:40
  I'm a good old country boy.
• 44:41
  I'm I'm not a fan of New York City.
• 44:44
  Everybody wears the I Heart New York City shirts and hats and all the, you know, all the New York City merch.
• 44:50
  I don't love New York City.
• 44:52
  Maybe I'm I'm an outcast, but I think I've driven truck through New York City too many times.
• 44:58
  It's it is not a very friendly city for uh oversized vehicles, we'll put it that way.
• 45:07
  But it's just too crowded, it's it's not my it's not my vibe.
• 45:11
  Uh I'm not knocking people who live there.
• 45:13
  It's uh some people love it, and it gives them good opportunity, but uh I'm not a fan.
• 45:20
  I don't heart New York City.
• 45:22
  Uh, but that's personal preference, so who cares?
• 45:26
  That's it doesn't matter.
• 45:28
  Uh but my point is this.
• 45:32
  New York City could be thriving with with low crime rates, that makes that an appealing city.
• 45:44
  It may it makes it nice for tourism, and I'll admit it's it's fun to visit as long as I get in and out in a day.
• 45:53
  I don't even like to spend the night there.
• 45:56
  But it's it's fun, it's fun to visit.
• 46:00
  Lots and lots and lots.
• 46:01
  I mean, millions of tourists go to New York City every year.
• 46:06
  And especially now with crime rates as low as they are, that makes it very appealing.
• 46:12
  But what's gonna happen when these businesses start getting driven out, and it will happen.
• 46:18
  What we're seeing in California is gonna be happening in in New York City.
• 46:24
  I mean, it's already happened.
• 46:25
  There's already multiple people who've pulled businesses out of New York City over the past 10, 15 years.
• 46:35
  I remember Rush Limbaugh said that he he pulled out of New York and uh he was happy to be in Florida to no longer do any business in in New York.
• 46:48
  Uh as I mentioned, Kevin O'Leary, he talks about pulling out of New York City.
• 46:53
  He he wants nothing to do with New York City, and this is gonna be rinsed and repeated over and over again.
• 47:02
  It's just not sustainable.
• 47:06
  So I guess the the good news in all of this is that unfortunately people are gonna, as the saying goes, mess around and find out.
• 47:20
  You vote for this kind of garbage, cities are gonna suffer, states are gonna suffer.
• 47:26
  There's gonna be a mass exodus that's gonna create a crisis like we've never seen before.
• 47:30
  I don't I can't even tell you what what's coming down the pike for California.
• 47:36
  It already has such a bad homeless crisis.
• 47:40
  The homelessness in California is off the charts.
• 47:45
  I mean, it's it's it's sad, it's so sad.
• 47:50
  And a lot of what's driving that is the unaffordability.
• 47:55
  Because they pull crap like this, and then it makes it makes the the cost of everything skyrocket.
• 48:04
  You know, what are people paying for gas in California?
• 48:06
  Is it's like five bucks or something?
• 48:11
  Yeah, here it is.
• 48:12
  So the the average is four dollars and twenty-two cents per gallon in California, just uh shy of five dollars.
• 48:22
  I mean, that that's absolutely crazy.
• 48:26
  There are places in California where it's over seven bucks a gallon.
• 48:32
  I mean, that this is what happens.
• 48:37
  Uh it's not sustainable.
• 48:42
  So unfortunately, I think there's gonna have to be a reset.
• 48:46
  And that's the hidden lightness that I find in this, is that more and more people are gonna wake up to the fact that socialism doesn't work, but it's one of those that they have to try it out to actually believe people on on the right, on the political right.
• 49:05
  Yeah, financial uh fiscal conservatives that they they've been staying forever.
• 49:13
  Socialist policies don't work.
• 49:17
  They've never worked, they create oppression, they create major inflation.
• 49:24
  This is a case in point.
• 49:25
  Take any city where or state where you have extreme left policies, you have socialist policies, you have overregulation, and you tell me, look at the taxes, look at the cost of living.
• 49:43
  And again, Pennsylvania, it's it's getting uh really bad.
• 49:49
  I mean, we I've been saying this since I moved here, and I love Pennsylvania.
• 49:53
  I have no intentions of leaving.
• 49:57
  Uh, but I bemoan it.
• 49:59
  I think it's
• 50:00
  I think it's sad.
• 50:02
  But I've been saying this since I moved here, I don't know how many years ago, 19 years, 20 years ago.
• 50:08
  I moved back to Pennsylvania, and I've been saying we are little California.
• 50:14
  It's like we're so desperate to look like California.
• 50:19
  With the regulations and the taxes, we're trying so hard to mimic them and to look like California.
• 50:26
  And it doesn't work.
• 50:29
  It's not working for the Pennsylvanians.
• 50:31
  I can tell you that.
• 50:33
  I talk to people all around me.
• 50:39
  And I see it online.
• 50:40
  I see what people are saying.
• 50:42
  They're being burdened.
• 50:45
  Meanwhile, TikTok Josh is making his TikToks and talking about where we're really here for the poor people.
• 50:56
  We're going to give you, we're going to throw $200 at you, and uh, man, this is going to go so far with you.
• 51:03
  Like, what are you smoking?
• 51:07
  Josh has all the money he can ever imagine.
• 51:10
  You know, Governor Shapiro, he is not hurting for money.
• 51:16
  He doesn't have a clue.
• 51:17
  Doesn't have a clue what it's like for the average person here in Pennsylvania.
• 51:22
  $200 when your electric bill is $400 a month.
• 51:28
  When you're sipping electricity, and it still costs you $400 a month.
• 51:35
  $200 for by the way, we don't qualify for that.
• 51:39
  We make way too much money for that.
• 51:42
  This is for like the poorest of the poor.
• 51:45
  And he's bragging about how he's putting $200 into the pockets of people, and that's just gonna, it's gonna get them so much farther down the road.
• 51:53
  And like he's making all his cute TikToks about it while he's dancing, and it's just you're so out of touch, so clueless.
• 52:04
  And I don't know if they think that the people are dumb enough to fall for that, but I love reading the comments because people are not stupid.
• 52:12
  People know that this doesn't work.
• 52:15
  I just don't understand how socialists keep getting voted in.
• 52:20
  That's where somewhere there's a disconnect.
• 52:25
  But people will wake up to the fact.
• 52:26
  I think all these people in New York City who are promised all the free buses and free subways and free housing, and uh none of that's happening.
• 52:35
  In fact, the prices are only going up.
• 52:38
  I think that they're gonna vote Mamdanny out pretty quickly.
• 52:43
  But they're stuck with him.
• 52:46
  I mean, he's their mayor for the next several years.
• 52:52
  They voted for him, they're gonna find out.
• 52:56
  But capitalism works, and that's what I want to focus on.
• 53:00
  That's the good news.
• 53:01
  The economy is resilient.
• 53:03
  The economy overall is doing well.
• 53:06
  These businesses that are leaving California, unfortunately, the state of California is gonna suffer badly.
• 53:13
  The city of New York, New York City, it's gonna suffer badly.
• 53:20
  Minneapolis.
• 53:22
  It's gonna suffer.
• 53:26
  It already is suffering.
• 53:27
  You look at people are just on edge.
• 53:31
  All these riots and people losing their minds.
• 53:37
  You can't have these policies and people live a happy life.
• 53:42
  You tell me.
• 53:43
  I mean, look at the people in Minneapolis.
• 53:45
  Do they look like go lucky happy people?
• 53:50
  Or do they look like deranged lunatics?
• 53:55
  Yeah, to me, it's sadly looks like the ladder.
• 53:58
  Like these people have just been beaten down, so to speak.
• 54:04
  You know, life is hard there.
• 54:08
  And uh they they just keep voting for this garbage.
• 54:12
  They vote for more of it.
• 54:13
  But you know, the good news overall is the economy's doing well in in the United States.
• 54:18
  Uh, we have the one big beautiful bill that uh they promise 11,000 to 20,000 per family per household in savings.
• 54:31
  You know, federally on the federal level, they're doing everything they can to make life easier for people, deregulating a lot of things.
• 54:41
  They're just making it making life easier, but people they don't they don't want to accept that.
• 54:49
  It's just orange man bad, Mamdanny good, orange man bad, newsom good.
• 54:58
  Well, look at the statistics, look at the numbers.
• 55:03
  See, capitalism works.
• 55:04
  That's what this nation was founded on.
• 55:06
  They tried socialism.
• 55:10
  The pioneers tried socialism, they tried the experiment, it failed miserably.
• 55:17
  It absolutely fell apart within minutes.
• 55:21
  It doesn't work.
• 55:24
  So they're like, oh, well, let's latch on to capitalism and let's make that a core principle for America.
• 55:32
  And look at how prosperous our nation has become.
• 55:35
  So we can't let these people win.
• 55:41
  And they're certainly not gonna ruin our day.
• 55:45
  So we believe in a free market.
• 55:47
  We believe in capitalism, and we believe in it because it works.
• 55:51
  It simply works.
• 55:54
  Might not be a perfect system, but it definitely works.
• 55:59
  It works better than this nonsense.
• 56:02
  So California, they're uh they're gonna mess around and find out.
• 56:06
  This just uh, I can't believe it.
• 56:10
  A trillion dollars just like that.
• 56:12
  How do you blink your eyes and lose a trillion dollars?
• 56:17
  Well, newsome newsome can do it.
• 56:20
  If anybody can pull it off, he can do it.
• 56:24
  So it'll be interesting to see how this uh unfolds, but uh man, it's the 250-year anniversary of our nation, and this is a year that we're gonna celebrate.
• 56:36
  We're gonna celebrate life and the economy and the birth of this nation, and we're not gonna let the deranged left policies get us down.
• 56:47
  Socialism, it's just not gonna get us down.
• 56:52
  Uh, it's not gonna work.
• 56:53
  They they can try to destroy this nation, but we're too strong.
• 56:57
  We're too strong of a nation, and uh, that's the hidden lightness, folks.
• 57:02
  You find more out about my show and get all the latest podcasts if you go to the menu navigation bar at America Outloud.news under our shows or schedule.
• 57:10
  You'll be in the know.
• 57:11
  There is a hidden lightness that shines inside of all of us.
• 57:14
  When so much darkness envelops the world, remember that it doesn't take much light to expose that darkness and to ultimately inspire other people.
• 57:22
  Join me in being a light.