May 4, 2026
The Bill Martinez Show 05 04 26

The Bill Martinez Show 05 04 26
Transcript
WEBVTT
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Are you ready?
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Yeah, Okay, let's do an Ill Martinez Live a program
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about current events, our culture, our values, our politics, and
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our future.
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And now Bill Martinez.
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Hey, good morning America. Six minutes after the top of
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the hour. Right now Bill Martinez here with the one
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and only Grover Norquis, the President of Americans Tax for
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former America's pre eminent center right expert on taxes. Mister Grober,
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how are we doing.
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I'm doing well. Good to be with you, Bill.
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Always good to have this time to check on things,
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especially it just seems like more and more all things
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California these days. As you ride California, voters may soon
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decide whether to impose a one time five percent wealth
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tax on billionaires. Should the rest of us be worried?
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Well, if you live in one of the states, the
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eight states with no income tax, you will likely get
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more billionaires, high tech people, people who create wealth moving
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to your state bringing jobs with them if you live
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in California. Just by saying they're thinking about it. This
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legislation has not passed. It will be on the ballots.
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Got enough signatures now, they say, and it sounds right
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that it will be.
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On the November ballot.
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The governor had said he opposes it, Will he really
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spend money against it? Will the left politicians go, we
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shouldn't show our hand this soon. We should shut up
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and pretend we aren't for this stuff. My guess is
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that it may well pass, although there's going to be
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a competing measure on the ballot which may defeat it.
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But the fact that it was discussed, the fact that
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the unions in California said, we want more of your
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money so that we can get paid more than everybody
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else in the state. Unionized government workers should be paid
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more than everyone else. They shouldn't have to work as
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many hours. They should retire sooner. They should retire with
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incredible pensions. That's what government is for. That's what this
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is about. This is about taking money from people who
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created wealth and created companies and hired many people to
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hand it over for high pensions that none of us
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get the real world. For government workers, it is taxing
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people who create jobs to pay for people who live
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off the government and taxpayers.
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You know, Grover, a lot of people don't understand that
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these pensions they get, it's guaranteed, I mean every year.
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I mean, if they don't like, if their investments don't
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meet you know, meet the standard, then it's up to
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the taxpayer to pay the difference. Right.
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Yes, in the real world, people have defined contribution pensions.
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You put in ten percent of your salary, your company
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puts in ten percent, and that builds up over time,
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and then you retire on that. But you're never in
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a position where you're owed money from anybody else, or
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where you owe money. You know exactly the value of
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your retirement. If you work for the government. Often workers
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put nothing in themselves and the government puts in the money,
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and it's not enough to pay the benefits that they've
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promised workers. And when they promise them, they can't change that.
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That's a contract. Heck, in Illinois they put it into
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the constitution. They realized they were so out of whack
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they have no way to raise that money. They put
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in the constitution that they will have to pay their
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retirees who retire younger than you and me or anybody else,
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and get more pay than you and me and anybody else,
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And they just keep getting more and more and more.
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And in New York they just had a debate about
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increasing the already very lucative contracts and pensions that New
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Yorkers had negotiated in the past.
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It no, we want more, Yeah, well why not. I
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mean they've been able to get away with it. But
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you know, meanwhile, you think that, particularly in these blue
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states where they're out of money anyway, but they keep
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finding ways to spend more money that they don't have,
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and it's like, when does somebody just say, uncle, you know,
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we can't do this anymore.
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Well, the Democrats can't do that because their coalition is
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built about groups and structures that all demand access to
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other people's money. You've got the trial lawyers that want
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laws that allow them to sue people that, you know,
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if they spill their coffee. They want to be able
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to sell sue McDonald's for a million dollars so that
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McDonald's workers get paid less, so that the trial lawyers
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can't a hunk of the million dollars. You've got the
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labor union bosses that want more union dues and more
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government money and more contracts. And the big city political
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machines people on welfare, people who make one hundred and
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fifty thousand dollars managing other people on welfare. They're not
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on welfare, but they might as well be And they're
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making a lot more money for people on welfare, and
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they make sure none of those guys get jobs and
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become republic So they want more and more people locked
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into welfare dependency every single day. So the entire left's
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coalition depends on somebody going out and stealing money from
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taxpayers and giving it to them. There is no end.
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They will fight amongst each other. You know some people
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in California who are left go, oh, you shouldn't show
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your hand this soon. You shouldn't make it too obvious
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that your pensions are bigger than everyone else's. You'll get
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us all in trouble. All they're telling you is be quiet,
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we'll get to you. We're not telling them though.
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Yeah, you just get elected like Spamburger, and then you
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can let them see the cards, right boy.
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Virginia, on the other side of the continent, there was
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a woman who claimed to be moderate. She just signed
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a slew of tax and spending, many many new taxes,
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massive new regulations, raising the cost of everybody's home heating, oil,
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everybody's air conditioning. It is getting more and more expensive.
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Women's only been in office for a month or something,
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and she's out destroying the affordability of Vermont well and
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and I mean, you know, you talk about the way
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of some of these governments are attacking the wealthy, and
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they're and they're doing so blindly, particularly in New York,
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because here you've got these billionaires that are bringing jobs
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that contribute so much to the you know, day to
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day costs of New York, and now you want to
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tax them again.
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And they're going to go Astelabisco. Baby, you know, I'm
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going to Miami.
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And the governor of New York said the other day
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before the election said, if you want to leave, we
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don't care.
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Go ahead and leave.
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If you don't like our high taxes, leave And just
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a couple of weeks ago, she said, if you're visiting
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down in Florida, would you talk to those guys and
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ask them if they'll come back, literally leaving with them
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to talk people into coming back. The French guy who
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to write the let's tax billionaires of Chris. Remember the
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amendment to allow a tax on billionaires wealth does not
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anywhere in there say only billionaires. This will allow the legislature,
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with a simple majority vote, to decide not billionaires, millionaires,
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not millionaires. People who make one hundred thousand dollars a year.
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They can take that to any They can be every
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It could be everybody three weeks from now, as soon
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as as soon as the bill passes. This is not
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a the advertisers tax on billionaires, so that they think
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you're stupid and you haven't read it and you don't
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know that with a tweak, not a constitutional amendment, not
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a vote to the people. Again, the politicians will take
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If you vote yes on that amendment, you give them,
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the politicians the right to have a property tax on everyone.
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The state could do a property tax on your house, yeah,
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to your local government.
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Yeah.
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And they're talking of got an exit tacks now too.
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Well, if you're going to govern like the East Germans,
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you better be willing to shoot people on the way
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out or they will leave.
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Right right and so now, And of course California's been
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trying to do this because I know when I left California,
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they tried to chase after me, and my accountant just laughed, said,
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don't worry about it. But another person that I knew
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was a one time partner. She ended up paying like
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three thousand dollars just to get them off the back.
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You know, they just kept pestering her.
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In Ohio, which is now being governed better, but a
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number of years ago it was pretty bad.
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People.
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A lot of people are leaving Ohio. Lawyers told people
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who were moving, if you moved to Florida, if you
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moved to Tennessee, you must stop giving money to your
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local church, stop giving money to your local charities, the
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local boy scouts, anything that ties you, because I would say, oh,
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you haven't really left, right Your same doctor or your
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same dentist can't come back and use the doctor or
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dent because that means you haven't really moved out to Florida.
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So not only are they losing talent somebody who owns
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a house, pays property taxes, is an upstanding citizen, and
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creates jobs. They are losing all of the charity charity
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exactly in their state. Yeah, well, I'll tell you, well,
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we got to go to quick break. We've got more
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from Grover on the other side.
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