Valuetainment - ＂$50K Mamdani Tax＂ - James Fishback DROPS NYC Refugee Tax BOMBSHELL

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00:00:43.820 James, before we get started, why don't you take a minute and tell everybody, 31 years old, you can enjoy life, you can travel, you can work hard, you can build a business.

00:00:54.220 Why are you running for the governor of Florida at 31 years old?

00:00:57.100 Patrick, I'm running for Florida governor because my family has been here for four generations.

00:01:02.860 And Florida is the best state in the country, hands down.

00:01:05.560 That's why we all live here.

00:01:06.980 I was born right here in Broward County, raised here my entire life.

00:01:09.820 But if we're the greatest state in the country, why is it so hard for the families who made it the greatest state in the country to afford to live here?

00:01:17.280 I meet people every single day, including just last night in Sumter County where we held a rally of 100 people.

00:01:22.560 I can no longer afford my property tax bill, my homeowner's insurance, my HOA, whatever it may be.

00:01:29.720 I can't get a great paying job.

00:01:31.780 I can't buy a home.

00:01:33.340 That's a real fight.

00:01:34.640 And so I'm in this race to deliver a real plan to make Florida affordable, to make life a little bit easier.

00:01:40.500 I believe we are the best state in the country, but that has to mean something for the families, the young people, and the seniors who made it the best state in the country.

00:01:48.740 How do you do that?

00:01:49.600 Right off the bat, you end the H-1B scam. 0.95

00:01:51.860 No more H-1B workers will be allowed in Florida.

00:01:54.360 Those jobs will go to our recent grads. 0.57

00:01:56.820 We're going to ban Blackstone, private equity, and foreign nationals from buying up single-family homes, hoarding and cornering the market. 0.99

00:02:02.720 So you and your kids and your grandkids, Patrick, they can buy a home.

00:02:07.180 You know why?

00:02:07.840 Because a home is not a nice to have.

00:02:09.720 It is a need to have.

00:02:11.320 If you can't buy a home, can you get married, Pat?

00:02:14.440 If you can't get married, can you have kids?

00:02:16.280 And if you can't have kids, what's the point?

00:02:18.660 We know that as Christians.

00:02:20.180 It's a precondition.

00:02:21.620 And then let's talk about overdevelopment and sprawl in our state.

00:02:25.380 You look at a Google map over the last 15, 20 years, a satellite map, entire communities where citrus groves once stood.

00:02:32.720 Where cattle ranchers once herded their lots.

00:02:35.440 Guess what?

00:02:36.240 Those are now becoming AI data centers, become Section 8-style housing.

00:02:40.160 I believe this is a choice between old Florida and new Florida.

00:02:44.960 If you want Florida to become the AI data center capital of the world, you can vote for Congressman Byron Donalds.

00:02:50.480 If you want us to become the financial capital, the concrete jungle, vote for Byron Donalds genuinely.

00:02:56.220 But if you want citrus, ag, tourism, space, if you want a state that we all can be proud of,

00:03:01.300 if you want to protect our Everglades, if you believe that our jobs belong to us,

00:03:05.660 if you believe that we should be able to buy single-family homes, not Chinese nationals, 1.00

00:03:10.080 if you believe that Washington, D.C. should send 600,000 Chinese students to our universities, guess what?

00:03:16.360 Here's my plan.

00:03:17.100 As Florida governor, I'll sign an executive order before the sun sets on my first day

00:03:21.420 to raise tuition on any foreign student to $1 million a year.

00:03:27.940 $1 million.

00:03:29.380 Foreign student to $1 million?

00:03:31.200 I don't want them in our schools.

00:03:32.740 Florida taxpayers like you and me, we pay for Florida colleges.

00:03:36.240 We built them.

00:03:37.340 We fund the faculty, staff, and the research.

00:03:39.800 Those should be for our kids.

00:03:41.240 Imagine a young girl right here in Broward County who went to my high school, Boyd H. Anderson.

00:03:45.340 I was one of two white kids in the entire senior class.

00:03:48.720 Imagine her being told, you know what?

00:03:50.560 You're not going to be admitted this time around.

00:03:52.780 You're not going to be able to go to the pre-med program at the University of Florida

00:03:55.920 because we had to make room for a student from Shanghai or Mumbai.

00:04:01.360 That's exactly what's happening every single day in our state.

00:04:04.220 And if D.C. is successful with this deep state U.S.-China trade deal,

00:04:07.840 upwards of 600,000 more foreign students can come to our universities.

00:04:11.500 And Patrick, I'm a big fan of what you've built here.

00:04:14.600 I wanted to make a little bit of news here this morning if I can.

00:04:17.040 Beautiful.

00:04:17.420 Go for it.

00:04:18.540 We all have friends in New York.

00:04:20.740 And I am sorry for their loss that Zoran Mamdani is their mayor.

00:04:24.660 But I want to be very clear.

00:04:25.620 Three words.

00:04:26.200 Florida is full.

00:04:27.600 We are not a refugee camp for New Yorkers to flee from their problems.

00:04:31.060 That's your mess.

00:04:32.020 Clean it up.

00:04:32.540 I am proud to announce here today exclusively on PBD that I will pass the Mamdani tax, 1.00

00:04:39.420 $50,000 property transaction tax for any out-of-state individual who wants to buy real estate,

00:04:46.840 single-family real estate here in Florida.

00:04:48.920 It's time we put Florida first.

00:04:50.820 We are full.

00:04:51.380 We took in 800,000 new residents after COVID in just five short years.

00:04:56.740 Crazy idea.

00:04:58.220 Florida needs to put the people who made Florida Florida back at the front of the line.

00:05:03.820 That's what I'm running to do.

00:05:05.240 If you want more New Yorkers, Byron Donalds is your guy.

00:05:07.880 After all, he was born and raised in New York.

00:05:09.860 And within the span of three years moving here, he got himself arrested twice.

00:05:13.160 Rather interesting.

00:05:14.200 But at the end of the day, I believe that there's a real debate in the Republican Party right now

00:05:19.660 between economic nationalism and economic corporatism.

00:05:23.220 The economy has to work for working people. 0.99

00:05:25.960 It has to work for young couples.

00:05:27.460 It cannot exclusively work for the biggest companies.

00:05:30.540 That is my platform.

00:05:31.860 As I ended my campaign video, my name is James Fishback.

00:05:34.860 I'm running for Florida governor as a fourth-generation Floridian

00:05:37.420 because I believe, Patrick, that Florida is our home.

00:05:41.040 America is our birthright.

00:05:42.720 And no one should ever be able to steal that from us.

00:05:45.500 I love that.

00:05:46.080 I love the fact that you have bold ideas.

00:05:47.880 You even give an idea about if somebody can fix,

00:05:51.060 was it one of the citrus?

00:05:53.000 What was the problem you said that you would give them a billion dollars?

00:05:56.740 Can you share that idea with the audience as well, please?

00:05:59.460 Yes.

00:05:59.700 So there is an issue here with citrus greening.

00:06:01.640 I was in Frostproof in Southern Polk County with five generations of different citrus growers.

00:06:06.960 And what I found was that there's this greening that came from China about 15 years ago.

00:06:11.840 It is an infection, a disease.

00:06:14.500 And much like COVID, the Republicans and Democrats just pointed the finger and said,

00:06:18.180 it's China's fault. 0.99

00:06:19.200 We're just going to give up.

00:06:20.580 We're just going to give up on citrus in Florida.

00:06:22.900 Citrus used to be 245 million boxes every single season.

00:06:28.920 And the most recent one, it's only 14 million.

00:06:32.000 Guess what?

00:06:32.520 That means fewer jobs, fewer local industries, fewer local businesses, and a sense of pride

00:06:39.220 in our communities like in Highlands County and Sebring and Frostproof.

00:06:43.360 And so what I've said is if you're a scientist anywhere in the world, and I mean anywhere,

00:06:47.160 you could even be in Iran.

00:06:48.240 If you're a scientist anywhere in the world and you have discovered the scientific cure to

00:06:53.500 greening, the state of Florida will pay you $1 billion cash.

00:06:57.520 Because guess what?

00:06:58.560 Florida citrus could be upwards of a $50 billion industry again.

00:07:02.700 Why wouldn't we make a one-time investment to turn places like Moorhaven, Davie, where

00:07:07.360 citrus groves once proudly stood, where we employed tens of thousands of young men and

00:07:11.720 women, where we supported local industry and local businesses, when we gave these rural 0.84

00:07:15.540 communities all over our state a sense of pride, why don't we put a little bit of investment

00:07:19.700 for them?

00:07:20.960 That's a good point.

00:07:21.800 And by the way, for Floridian that may be listening to this saying, hey, that makes sense.

00:07:25.080 I'd like to see that happen.

00:07:26.180 Now, going back to the $50,000 of people coming in.

00:07:28.720 So if you're going to charge somebody that's coming here, you're calling refugees coming 0.99

00:07:33.380 from New York here, the Mamdani tax of $50,000, who does that benefit? 0.89

00:07:39.060 What does that do?

00:07:40.500 Because even if you did that, the people that are leaving, I'd say most of them would be

00:07:45.860 able to pay for it.

00:07:46.700 And I guess if they do, it generates an income for the state.

00:07:49.880 Tell me the logic behind that idea.

00:07:51.540 Well, the logic is in economics, show me the incentive and I'll show you the outcome.

00:07:55.320 There is no disincentive right now for New Yorkers to pack up their things, throw in the towel,

00:08:00.140 come to our state and price us out and push us out. 0.93

00:08:03.040 And crazy idea.

00:08:04.320 I believe that our state should work for the people who built our state, who put it on

00:08:08.160 the map, like my grandmother, who was a 20-year English teacher at Plantation High School,

00:08:12.060 just about 10 miles southwest of here.

00:08:14.120 So the idea is very simple.

00:08:16.380 Create a tax disincentive as opposed to a tax incentive for New Yorkers or any out-of-staters.

00:08:22.180 It's going to be a property transaction tax.

00:08:24.540 It's $50,000.

00:08:25.820 If you want to come here and you want to move your residence, it's going to be $50,000.

00:08:30.200 My hope, and I think what you're going to end up finding, is that's going to actively

00:08:33.780 deter people from coming here.

00:08:36.440 Look, if you've got a New Yorker who's outbidding a Florida family, who's about to start, get married,

00:08:40.880 have two or three kids, if they're outbidding them by $5,000 on a home, guess what?

00:08:47.280 That family may have to stay in their studio apartment on the wrong side of the railroad

00:08:50.640 tracks for another five or 10 years.

00:08:52.840 They may not be able to get married.

00:08:54.760 They may not be able to have kids.

00:08:56.460 What's the point if we can't support them when they need our support?

00:09:00.540 And so what the Momdani tax of $50,000 does is it says there's a property transaction

00:09:05.380 fee of $50,000 if you're an out-of-stater buying property here,

00:09:10.880 in Florida.

00:09:11.640 And what you do is you actually recalibrate the market to allow Florida families to have

00:09:16.920 a fighting chance to buy homes and to exist in our state.

00:09:21.040 It's an interesting idea.

00:09:22.520 It's like when Trump did the $5 million gold card.

00:09:27.120 Is that what he called it, the $5 million gold card?

00:09:29.500 I remember I was in Panama.

00:09:31.360 Panama said, if you bring $300,000 here, we'll give you the citizenship.

00:09:34.840 You're trying to come here.

00:09:35.680 Panama is the country.

00:09:38.320 Unemployment at the time was 2.3%.

00:09:40.140 Incredible real estate.

00:09:41.460 Incredible economy.

00:09:43.260 And a safe place to be.

00:09:45.240 It would be a similar idea.

00:09:47.400 Tom, what do you think about the $50,000 idea?

00:09:50.480 I think, well, it would have affected you and me.

00:09:54.120 My dad worked for IBM.

00:09:55.440 And so I lived down here during high school.

00:09:57.040 I graduated from Boca Raton High School up there, I-95 and Glade Road.

00:10:00.140 And so we came back here, though, looking for a business-friendly environment that would

00:10:08.140 attract us.

00:10:09.280 And so if you build a business-friendly environment and you want us to come down here and we've

00:10:15.960 brought down that, look at the jobs we've built.

00:10:18.440 This was a failed business.

00:10:20.080 Pat bought the building.

00:10:21.160 Now there's employees in this building.

00:10:22.920 Of course.

00:10:23.120 So I would think you would want those people to come because you've built this magnet to

00:10:28.340 say, hey, we're going to have less regulation.

00:10:30.440 This is what we've got.

00:10:31.220 We've got this for families.

00:10:34.140 And for those of you that stay here long enough on education, we have the Bright Futures

00:10:38.840 program where you can get a tremendous discount if your kids do well in high school.

00:10:43.480 You can get a discount and guaranteed admission at Florida State, University of Florida, UCF,

00:10:47.980 and FIU, correct?

00:10:48.780 All the ones that are funded by tax dollars through Tallahassee.

00:10:51.960 So why would you then put a toll gate up and say, if you want to come down here and participate

00:10:56.920 in all that and make jobs, wait a minute, the toll's $50,000.

00:11:00.700 Wouldn't you be missing the opportunity of someone like Patrick and myself and others that

00:11:06.620 are with his organization?

00:11:08.240 So I think it's a great point, Tom.

00:11:09.640 And look, I would not have supported this 10, 15 years ago.

00:11:11.900 I would not have supported this even seven years ago.

00:11:14.460 The truth is that we had 800,000 people move here over the last five years because we had

00:11:20.200 so much success and we attracted people here.

00:11:22.220 I think at some point, though, it makes sense to say enough is enough.

00:11:26.060 We are full.

00:11:27.040 We don't have the infrastructure, too much congestion, too much traffic.

00:11:30.800 Home prices in Broward County alone are up 72% in the last five years.

00:11:36.800 So what made good sense, and I'm glad you're here, Tom.

00:11:39.020 I'm glad you're here, Patrick.

00:11:39.920 But what made good sense 5, 10, 15 years ago needn't make good sense.

00:11:44.060 Now, look, I think we were right to welcome immigrants here on Ellis Island.

00:11:47.200 But guess what?

00:11:48.000 They didn't get food stamps and an Obama phone.

00:11:50.280 They didn't get $7,000 a month in Chicago or $500 a night hotel rooms in New York City.

00:11:54.560 Different issue, and you're right about that.

00:11:55.940 Correct.

00:11:56.100 They shouldn't come here and have all the tax dollars going to provide all those things. 0.95

00:12:00.620 Yes, absolutely.

00:12:01.360 And so I think the bigger thing is what might have made good sense, and it did make good sense

00:12:05.940 to invite folks down here to open up businesses and industry.

00:12:08.420 That's one thing.

00:12:09.740 That was 10, 15 years ago.

00:12:11.380 We are at the brink now.

00:12:13.100 We are fully exhausted as a state.

00:12:14.760 Go to the I-4 corridor between Tampa and Orlando.

00:12:17.500 Nonstop traffic.

00:12:18.680 Drive here 95 between downtown Miami and downtown Fort Lauderdale.

00:12:22.740 Nonstop traffic.

00:12:23.680 At what point do we say, we're done building.

00:12:26.600 Let's just preserve what Governor DeSantis has given us.

00:12:29.460 And part of that has to be, Patrick, eliminating property taxes, not property tax relief, not

00:12:35.460 property tax reform, eliminating property taxes to zero for every single Florida resident,

00:12:41.920 not for out-of-staters, not for Canadian snowbirds.

00:12:45.020 We have to deliver the largest tax cut in Florida history.

00:12:47.940 And you know this, Patrick.

00:12:49.300 One person's spending is another person's income.

00:12:52.460 So when we give you a tax cut, I don't want to know how much your property tax bill is,

00:12:55.820 but when we give you a tax cut, I've seen your beautiful home.

00:12:58.240 When we give you a tax cut, how are you going to spend that money?

00:13:01.560 You're going to invest it in your business.

00:13:02.900 You're going to go out and get ice cream over movies with your kids.

00:13:05.620 I did a video on this about the whole no property tax, homestead, non-homestead.

00:13:12.580 The way I would probably do it, I would do it to incentivize.

00:13:18.200 It's almost like, you know how you're with a company, five years, they'll say, hey, we'll give you equity

00:13:22.140 and we'll give you LTIP if you reach a certain level and then this is when the benefits will start.

00:13:26.340 I would consider doing that for the people that need it, not the guys that are living in 10-plus million-dollar homes.

00:13:34.100 I would probably not give them that and maybe even give it to people that have been here five-plus years

00:13:39.520 or 10-plus years, something to be aligned with your argument, right, to be a true Floridian,

00:13:45.300 and fourth generation because you're a true Floridian.

00:13:47.860 You've been here four generations.

00:13:48.840 So when somebody says, you know, I've been here for that long, you know the state better,

00:13:52.460 this is your culture, this is where you grew up.

00:13:55.180 If it was a 10-year-plus somebody that's homestead, it would make sense.

00:13:59.300 If it's below a certain number, that would make sense.

00:14:01.700 Of course, when you announce something like that, that's just going to make more people want to come here.

00:14:07.120 So if you say no taxes on homes, $50,000, say I'm paying whatever in New York,

00:14:13.280 I'm like, oh, here you go, James, here's $50,000, I'll move tomorrow.

00:14:16.840 Correct.

00:14:16.980 So if you get $300,000, what's $300,000 times $50,000?

00:14:20.540 What's $100,000 times $50,000?

00:14:23.400 What's the number?

00:14:24.200 It's $300,000.

00:14:24.860 So 10 times 50, $500,000, $5 million, $50 million, $500 million.

00:14:29.260 Is it $500 million in revenue?

00:14:31.860 Rob, can you take a look at that?

00:14:33.000 If $100,000 times $50,000, is that a half a billion or is it $5 billion?

00:14:40.340 I think it's $5 billion.

00:14:41.720 Is it $5 billion?

00:14:43.660 $100,000 times $50,000, $5 billion?

00:14:47.380 It's real money.

00:14:48.380 That's real money.

00:14:49.040 That's real money going into the state.

00:14:50.340 And by the way, that's going to go for infrastructure here in our state because the roads, the bridges,

00:14:55.780 the potholes, our airports, we've got to do more for that. 0.86

00:14:59.620 We have to.

00:15:00.640 And so I agree with your point 100%, Pat.

00:15:02.140 Yeah.

00:15:02.440 Let's create a system where if you want to move here,

00:15:05.540 you've got to wait five years before you can get that property tax relief.

00:15:09.500 Look, skin in the game.

00:15:10.240 I see, I love that idea.

00:15:11.400 Skin in the game.

00:15:12.260 I love that idea.

00:15:12.960 You can't do this property tax arbitrage.

00:15:14.200 I like that very good too.

00:15:15.300 Are you familiar with Howard Jarvis and Prop 13 in California?

00:15:18.520 Vaguely, yes.

00:15:19.040 Okay.

00:15:19.400 Let me teach you the history.

00:15:20.780 In the late 70s, Howard Jarvis says property tax in California was too much and Prop 13 was

00:15:26.160 passed in 1978, Howard Jarvis.

00:15:29.220 And what it is, is it locked in your property tax for your home right now and it locked it

00:15:36.020 in and guess who was benefiting?

00:15:37.460 All of the families that were already living there that already had those homes.

00:15:40.500 Right.

00:15:40.940 So you kind of gave the working class families the tax relief and then everybody that bought 0.95

00:15:46.200 houses after that was subject to new property tax rules.

00:15:49.660 I love the vesting idea.

00:15:51.400 I love the vesting idea.

00:15:52.780 You're a resident and you're vested as a resident.

00:15:55.360 Here's your benefits.

00:15:56.620 You have your child here in the school this long and they get good grades.

00:15:59.900 Here's your Bright Futures program.

00:16:01.200 I like the idea of like a minimum, no games with the 189 day rule, right?

00:16:07.400 Where you have 189 days in Nevada and you can avoid California income tax.

00:16:12.220 No games like that.

00:16:14.020 Vested residents get stacks of benefits.

00:16:18.040 When we set out to create a shoe that blends comfort, function, and luxury, we had the choice

00:16:24.660 to make it fast.

00:16:25.880 We had the choice to make it cheap.

00:16:28.040 We chose neither.

00:16:28.900 Instead, we chose Tuscaneiro.

00:16:32.040 We chose true Italian craftsmanship.

00:16:34.620 Each pair touched by 50 skilled hands.

00:16:37.440 We chose patience, spending two years perfecting every detail, and we chose the finest quality

00:16:42.940 at every step.

00:16:44.860 Introducing the Future Looks Bright collection.

00:16:48.560 Not rushed, not disposable, not ordinary.

00:16:52.820 Rather intentional, luxurious, timeless.

00:16:58.900 If you enjoyed this video, you want to watch more videos like this, click here.

00:17:05.200 And if you want to watch the entire podcast, click here.

Valuetainment - January 21, 2026

＂$50K Mamdani Tax＂ - James Fishback DROPS NYC Refugee Tax BOMBSHELL

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