Government attempts to increase taxes on the wealthy are ineffective and drive people out of New York City.

“The governor, however, firmly opposed Mandami's pitch to tax on the city's millionaires, arguing it only drive them out of the city.”

A proposed increase in the capital gains tax rate would decrease entrepreneurship by reducing the rewards for risk-taking.

“If you take those rewards away I think the implications are much bigger than just the cap gains rates here because as the people change their behavior then the capital formation pools outside of the united states change their behavior and the whole thing has a knock-on effect”

Treating capital gains simply as income is a category error because that money has already been taxed once as income.

“I think it's a category error to treat capital gains or to think about it just as income you have to remember that all this money has already been taxed once right so you make the money the first time as income you earn it you pay tax on it then you decide to save some of it and invest it”

Increasing the capital gains tax will negatively impact entrepreneurship by reducing available investment capital.

“so there's 50 million less progress that's going to happen on that business i'm not sure that that was that's the right answer for what that company is trying to do in the world”

Universities that have abandoned the pursuit of truth and neutrality do not deserve the public support they receive through tax-exempt status or government funding.

“And so if Harvard has become remiss in its duty to be neutral and truth seeeking, then there's no reason whatsoever to assume that it deserves its favorable relationship with the American government.”

He advocates for higher taxation on billionaires and large corporations to address economic inequality.

“I've been saying for a long time, we need to be taxing billionaires like me more. We need to be taxing the big corporations more.”

Ben Shapiro argues that the pied-à-terre tax and the associated database are intended to intimidate wealthy property owners.

“The whole goal here is to force people to leave. This is revolution. The idea is you are not protected if you are in New York. In fact, we are going to put out your name and address if you are famous and rich and you own a place, you either have to pay additional security”

He believes the property tax exemption measure in Texas will harm young people by shifting the tax burden to them and is a selfish policy driven by the elderly.

“it is an effort um by boomers to reduce their property tax and school taxes uh because they don't believe in living in a society anymore and they believe that all young people should share the burden for them even though we share the burden for for them.”