2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E32: Behind the scenes of Elon hosting SNL, CDC failures, America's real-time UBI experiment, post-COVID boom in jeopardy & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What's the High Lights to California Taxpayers?

One third of the surplus is from the federal bail out, which obviously we don't need. The other two thirds is because last year we had all these unexpected tax receipts from the stock market boom. And so you california taxpayers paying capital gains on that. What this high lights to me is i think we have people in washington, and sacramento, for that matter, who've lost sight of the fact that ultimately, the private sector and the public sector are a partnership.

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